Executive Board Progress Report to the IMFC on the Reform of Fund Governance
Electronic Access:
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Summary:
Reform package. Comprehensive reform of Fund governance—encompassing quotas, ministerial engagement and oversight, the size and composition of the Executive Board, voting rules, management selection, and staff diversity—is essential to enhancing the Fund’s long-term legitimacy and effectiveness. Although the elements of such a reform are being discussed sequentially, and some could be taken up sooner, most will need to be decided as a package, given the linkages and trade-offs.
Series:
Policy Papers
Subject:
Elected Executive Directors Executive Board composition Executive Board size Fund General Reviews of Quotas Governance International Monetary and Financial Committee Lapse of time approval Quotas Staff recruitment
English
Publication Date:
April 21, 2010
Format:
Paper
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