This global indicator is defined as the percentage of members (or voting rights) in international organizations that are (or belong to) developing countries. For institutions where membership and voting rights are different, this indicator observes the percentages separately.
International organizations comprise the following eleven multi-lateral institutions for the purposes of this indicator:
(1) UN General Assembly;
(2) UN Security Council;
(3) UN Economic and Social Council;
(4) International Monetary Fund;
(5) International Bank for Reconstruction and Development;
(6) International Finance Corporation;
(7) African Development Bank;
(8) Asian Development Bank;
(9) Inter-American Development Bank;
(10) World Trade Organization; and
(11) Financial Stability Board.
There is no established convention for the designation of developing countries in the UN system. But, in common practice, developing countries refer to all other countries besides Japan, Canada, the United States of America, Australia, New Zealand and European countries. The aggregation across all institutions is currently done according to the United Nations M.49 statistical standard which includes designation of “developed regions” and “developing regions”.
Rationale and Interpretation:
The United Nations is based on the principle of sovereign equality of all its member states (Article 2, UN Charter). This indicator aims to measure the degree to which states enjoy equal representation in different international organizations.