International audienceIn this paper, we address the issue of IMF quota calculation in several directions. We first discuss the relevance of various specifications regarding the choice of variables, the way to measure them and the potential functional forms. Then, relying on long-run projections for GDP, trade and foreign direct investment, we compare the 'old' system of formulas to the new one adopted in 2008 at different time horizons until 2030. Two major results emerge from our analysis. First, a single chair for the Eurozone can free 2-3 percentage points of quota shares, but this amount fades over time because intra-Eurozone trade is relatively less dynamic than world trade. Second, introducing population in quota formulas would be the...
Governance in the International Monetary Fund is based on a quota system de-signed when the Fund was...
The weighted voting system used by the International Monetary Fund creates problems of democratic le...
It has been constantly viewed that the developed economies unevenly ruled the governance structures ...
International audienceIn this paper, we address the issue of IMF quota calculation in several direct...
Member countries of the International Monetary Fund (IMF) contribute to a pool of resources that is ...
The International Monetary Fund's structure and rules are based on the quota system that was constru...
The IMF has been facing criticism in recent years. Its legitimacy has been undermined as some member...
The International Monetary Fund (IMF) has long been under fire for not adapting its governance and q...
The author proposes a series of changes that he says should be made to the rules for setting member ...
This paper updates economic size rankings and quota formulas derived from the principal components a...
At the request of the Managing Director of the IMF, a group of experts, chaired by Professor Richard...
The International Monetary Fund (IMF) is a financial institution founded in 1944with the main purpos...
At the request of the Managing Director of the IMF, a group of experts, chaired by Professor Richard...
This paper attempts to set out the principal issues that need to be resolved in formulating a propos...
Governance in the International Monetary Fund is based on a quota system de-signed when the Fund was...
The weighted voting system used by the International Monetary Fund creates problems of democratic le...
It has been constantly viewed that the developed economies unevenly ruled the governance structures ...
International audienceIn this paper, we address the issue of IMF quota calculation in several direct...
Member countries of the International Monetary Fund (IMF) contribute to a pool of resources that is ...
The International Monetary Fund's structure and rules are based on the quota system that was constru...
The IMF has been facing criticism in recent years. Its legitimacy has been undermined as some member...
The International Monetary Fund (IMF) has long been under fire for not adapting its governance and q...
The author proposes a series of changes that he says should be made to the rules for setting member ...
This paper updates economic size rankings and quota formulas derived from the principal components a...
At the request of the Managing Director of the IMF, a group of experts, chaired by Professor Richard...
The International Monetary Fund (IMF) is a financial institution founded in 1944with the main purpos...
At the request of the Managing Director of the IMF, a group of experts, chaired by Professor Richard...
This paper attempts to set out the principal issues that need to be resolved in formulating a propos...
Governance in the International Monetary Fund is based on a quota system de-signed when the Fund was...
The weighted voting system used by the International Monetary Fund creates problems of democratic le...
It has been constantly viewed that the developed economies unevenly ruled the governance structures ...