## IMF Quota and Governance Reform - Elements of an Agreement

_Policy Papers, October 31, 2010_

## Source details

**Canonical URL:** [IMF Quota and Governance Reform - Elements of an Agreement](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/imf-quota-and-governance-reform-elements-of-an-agreement-pp4501)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/imf-quota-and-governance-reform-elements-of-an-agreement-pp4501/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/imf-quota-and-governance-reform-elements-of-an-agreement-pp4501/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/imf-quota-and-governance-reform-elements-of-an-agreement-pp4501/bundle-manifest.json)

## Bibliographic details
- Published: October 31, 2010
- Series: Policy Papers

---

### Overview
- Paper sets out, and seeks to make operational, a core package for the consideration of the Executive Board and, subsequently, the Board of Governors.
- Reforms intended to lead to a major overhaul of the Fund’s quotas and governance, strengthening the Fund’s legitimacy and effectiveness.
- Publication date: October 31, 2010.

### Key proposals and findings
- Completion of the 14th General Review of Quotas with a doubling of quotas.
- Major realignment of quota shares among members.
- Proposals to lead to a more representative, all-elected Executive Board.
- Objective: strengthen the Fund’s legitimacy and effectiveness through quota and governance changes.

### Institutional and governance changes
- Quota-related reforms:
  - Doubling of quotas as part of the 14th General Review of Quotas.
  - Major realignment of quota shares among members.
- Executive Board reforms:
  - Transition to a more representative, all-elected Executive Board.
  - Implication: alteration of Executive Board composition and Executive Board decisions dynamics.

### Intended outcomes and implications
- Strengthened legitimacy of the Fund.
- Improved effectiveness of the Fund through adjusted quota distribution and Board composition.
- Operationalization of a core reform package for consideration by IMF governance bodies.

*IMF Quota and Governance Reform - Elements of an Agreement, (USA: International Monetary Fund, 0) accessed 9/18/2026*

---

## Content in this bundle

- **IMF Quota and Governance ReformElements of an Agreement; IMF Policy papers; October 31, 2010**
  - [IMF Quota and Governance ReformElements of an Agreement; IMF Policy papers; October 31, 2010 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2010/_103110.pdf.md){rel="alternate" type="text/markdown"}
  - [IMF Quota and Governance ReformElements of an Agreement; IMF Policy papers; October 31, 2010 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2010/_103110.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/imf-quota-and-governance-reform-elements-of-an-agreement-pp4501_