Executive Board Report to the IMFC on Quota and Governance Reforms
Policy Papers, October 7, 2010
Source details
- Canonical URL
- Executive Board Report to the IMFC on Quota and Governance Reforms
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Bibliographic details
- Published: October 7, 2010
- Series: Policy Papers
- Stock No: ISBN
Summary of Proceedings
- Since the IMFC last met in April, the Executive Board has taken up the full range of quota and other governance reforms.
- There has been some movement on the many complex issues, but discussions have been inconclusive.
- 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 the Board hopes to make progress on finding the possible elements of a compromise acceptable to the membership.
Status of Deliberations
- Issues addressed: quota and other governance reforms.
- Outcome to date: inconclusive discussions; no broadly supported proposal.
- Documentation: concluding remarks summarizing Board positions are attached to the report.
- Next steps: continued debate aimed at identifying elements of a compromise acceptable to the membership.
Key Topics Covered
- 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
Publication Details
- Date: October 7, 2010
Executive Board Report to the IMFC on Quota and Governance Reforms, October 7, 2010.
Content in this bundle
- Executive Board Report to the IMFC on Quota and Governance Reforms; IMFC Documents; October 1, 2010