Under representation of emerging economies  Claims that power within the IMF is distributed according to the reality of the members’ weight in the global financial system are inaccurate. The IMF reflects the financial system as it was 50 years ago and has done little to acknowledge the growth of countries like Brazil, Russia, India, and China (BRICs), which have far fewer votes than their economic heft merits, while Western countries like Belgium are actually overrepresented [1] . Significant reforms to the voting quotas need to be implemented in order to create an IMF that is true to the reality of the world financial system.  [1] -- “Wanted: a French Revolution”. The Economist. June 30, 2011.