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Opposition MOtion-2
Opposition MOtion-2
going AGAINST the motion, This house believes that the World Bank
Group should adopt a one-country-one-vote system.
A one country one vote system proposes the need for every country to
have an equal right to vote, and voting rights in international
organisations. Motion proposes to discard the existing weighted voting
system of the world bank institutions and adopt a voting trial with a 1
country 1 vote system. Currently, the World Bank's voting system gives
more votes to wealthier countries. This reflects the fact that wealthier
countries contribute more to the World Bank and have a greater stake in
its success. A one country, one vote system would give each country an
equal vote, regardless of its wealth. This would make it more difficult to
build consensus on important decisions, and could lead to gridlock.
With this I move to the first argument proposed by team opposition: One
country one vote system will reduce the efficiency of the organisation
due to minimal availability of resources. one country, one vote system
would give too much power to small, poor countries. These countries
often have weak institutions and lack the expertise necessary to make
sound economic decisions. Giving them more power in the World Bank
would increase the risk of bad loans and investments, which would
ultimately harm the poorest people in the world.
In the Democratic Republic of the Congo, only 13% of the population has
access to paved roads.
Borrowed funds: The World Bank borrows money from its member
countries and other international financial institutions. This money is then
lent to developing countries at low interest rates or no interest at all.
Grants: The World Bank receives grants from donor countries and
foundations. These grants are used to support a variety of projects, such
as education, healthcare, and environmental protection.
The House Opposition firmly believes that the one country one vote
system might sound very fair to some people for giving an opportunity to
the developing nations, but at the same it’s being unjust with the
countries who contribute the most towards the development of these
countries and above all It will also prove to be a burden to the
developing nations as it’s not easy for them to contribute financially to
these organisations for funds and loans. The lack of resources will be a
major drawback of these nations and the whole soul point of this
organisation is the development of the world by the smart use of
available finance, Thus it offers higher priority and power to financially
strong members, which is not a wrong practice as they are dependent on
them for funds which ultimately help to reduce the poverty and other
trivial issues of the underdeveloped nations.
For the above stated points we absolutely oppose this motion and
believe that a one country one vote system should definitely not be
adopted. We urge the house to vote against this motion.