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|Brazil and the IMF|
Updated March 25, 2015
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|April 01, 2008 -- Issues Brief - Reform of IMF Quotas and Voice: Responding to Changes in the Global Economy|
On March 28, 2008, the Executive Board of the IMF endorsed a major package of reforms that will enhance the institution's governance. Once approved by the Fund's Board of Governors (they are expected to cast their votes by April 28), the agreement will adjust quota shares to better reflect the relative weight of member countries in the world economy, particularly that of dynamic emerging countries. It will also enhance the voice and representation of low-income countries within the IMF.
|March 26, 2001 -- Resolving and Preventing Financial Crises: The Role of the Private Sector -- An IMF Issues Brief|
It is important to encourage the involvement of private sector creditors in the resolution of crises, by reaching cooperative solutions to payment problems. If efforts to reach agreement on a voluntary approach are not successful, creditors may have to accept some constraint on their immediate demands for repayment and shoulder some losses.
|June 26, 2000 -- Exchange Rate Regimes in an Increasingly Integrated World Economy -- An IMF Issues Brief|
This brief considers the choice of an appropriate exchange rate regime--floating, managed or fixed arrangements--for individual countries in light of important changes that have taken place in the world econmy in recent years.