Executive Board Report to the IMFC on Quota and Governance Reforms
Electronic Access:
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Summary:
Since the IMFC last met in April, the Executive Board has taken up the full range of quota and other governance reforms. While there has been some movement on the many complex issues, discussions have been inconclusive, and no proposal has been able to command broad support. The concluding remarks that sum up these meetings lay out the various positions taken by members of the Board (attached). The debate is continuing, and we hope to make progress on finding the possible elements of a compromise acceptable to the membership.
Series:
Policy Papers
Subject:
Corporate governance Developing countries Emerging markets Executive Board composition Executive Board size International Monetary and Financial Committee Quota distribution Quota increases Quotas Reports to International Monetary and Financial Committee Voting power
English
Publication Date:
October 7, 2010
Format:
Paper
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