{
"title": "Quota Formula - Data Update",
"publication": "Policy Papers, June 19, 2015",
"sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/quota-formula-data-update-pp4967",
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"summary": "The IMF staff has updated individual member country data for the variables used in the quota formula for the period 2001-13.
The staff paper also presents updated calculated quota shares based on the current quota formula.",
"sections": [
{
"heading": "Updated data coverage and purpose",
"content": "- IMF staff updated individual member country data for the variables used in the quota formula for the period 2001-13.\n- The staff paper presents updated calculated quota shares based on the current quota formula.\n- The International Monetary and Financial Committee has called for agreement on a new quota formula as part of the 15th General Review of Quotas.\n- The paper includes a limited set of illustrative simulations of possible reforms of the quota formula using the updated quota data; these simulations are purely illustrative and do not represent proposals."
},
{
"heading": "Quota formula variables (as presented)",
"content": "- The current quota formula includes:\n - a GDP variable, which is a blend of GDP at market rates and GDP at purchasing power parity (PPP),\n - openness,\n - variability,\n - international reserves."
},
{
"heading": "Data tables and formats",
"content": "- New data tables include comparable values of each variable for the previous quota dataset, which was based on data covering the period 2000-2012.\n- Information presentation:\n - Table A1: values presented in millions of SDRs.\n - Tables A2 and A3: values presented in percent of their respective global totals.\n - Table A4: calculated quota shares based on the current quota formula.\n- Data sources and a description of the quota variables are discussed in \"Quota Formula – Data Update - Statistical Appendix\"; IMF Policy Paper; July 2015.\n- Downloadable dataset referenced: \"Quota Data: Updated IMF Quota Formula Variables\" - July 2015."
},
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"heading": "Publication metadata and access",
"content": "- Publication title: Quota Formula - Data Update\n- Date on page: June 19, 2015\n- Format note shown: Chicago citation example present on page\n\nInternational Monetary Fund — Quota Formula - Data Update (web landing page), June 19, 2015; data tables include Table A1, Tables A2 and A3, and Table A4; dataset referenced as \"Quota Data: Updated IMF Quota Formula Variables\" - July 2015.\n\n---\n\n Content in this bundle\n\n- Quota Formula--Data Update; IMF Policy Paper, June 19, 2015\n - Quota Formula--Data Update; IMF Policy Paper, June 19, 2015 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Quota Formula--Data Update; IMF Policy Paper, June 19, 2015 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/quota-formula-data-update-pp4967"
}
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"Published: June 19, 2015",
"Series: Policy Papers",
"IMF staff updated individual member country data for the variables used in the quota formula for the period 2001-13.",
"The staff paper presents updated calculated quota shares based on the current quota formula.",
"The International Monetary and Financial Committee has called for agreement on a new quota formula as part of the 15th General Review of Quotas.",
"The paper includes a limited set of illustrative simulations of possible reforms of the quota formula using the updated quota data; these simulations are purely illustrative and do not represent proposals.",
"The current quota formula includes:",
"New data tables include comparable values of each variable for the previous quota dataset, which was based on data covering the period 2000-2012.",
"Information presentation:",
"Data sources and a description of the quota variables are discussed in \"Quota Formula – Data Update - Statistical Appendix\"; IMF Policy Paper; July 2015.",
"Downloadable dataset referenced: \"Quota Data: Updated IMF Quota Formula Variables\" - July 2015.",
"Publication title: Quota Formula - Data Update",
"Date on page: June 19, 2015",
"Format note shown: Chicago citation example present on page",
"**Quota Formula--Data Update; IMF Policy Paper, June 19, 2015**"
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