Economically developed nations can't digest they are getting lagged!

The colonial powers of past, who deceived billions and stocked enormous wealth, now in competitive era, when faced with the skills and commitment of countries like India, China, Brazil, Russia, are finding themselves lagging behind. After recessionary peak, their alarm is ringing even high pitched. These so called developed nations are ruling not only compartments like United Nation's Security Counsel but also its economic arm "International Monetary Fund." The degree of their radical approach of keeping developing and poorer countries away from Monetary policy making for the world, reflects itself in laws like no citizen of developing or poorer nations can be the chief in the IMF! There are plenty of discriminative and disgusting rules and regulations in the IMF. Now when developed nations are facing the fierce economic debacle, reliant upon developing nations for fund injection as well as consumption ranges, they are showing signs of getting lenient with highly discriminative rules of IMF. India has played the major role in negotiations going on for Doha round. According to present Indians finance minister Pranab Mukharjee, results are positive and we are soon going to see their impact in upcoming Doha meet at 14th of September 2009. Let's hope for the best.
Devashish Narayana Mishra.