Quota Formula Review - Further Considerations
Policy Papers, November 8, 2012
Source details
- Canonical URL
- Quota Formula Review - Further Considerations
Other formats
Bibliographic details
- Published: November 8, 2012
- Series: Policy Papers
Background and context
- The Executive Board has held three formal meetings on the quota formula review.
- Discussions have also taken place in other fora including the IMFC Deputies work stream and the G-20 IFA Working Group.
- Considerable progress has been made in identifying areas of common ground as well as those areas where views differ.
Timeline and process commitments
- At their most recent meeting in late September, Directors reaffirmed their commitment to completing the review by January 2013.
- Directors stressed that achieving this goal will require constructive engagement and a spirit of flexibility and compromise from all sides.
- At its subsequent meeting in Tokyo, the IMFC called on the membership to develop the consensus needed through further engagement of the Executive Board, with input from the IMFC Deputies, to complete the review by January 2013.
Publication metadata and access
- Publication date: November 8, 2012
- Format: Web landing page with PDF available for download
- Subject tags as presented: General Reviews of Quotas, Gross domestic product, Purchasing power parity, Quota calculations, Quota distribution, Quota formulas
Key takeaways
- Ongoing multi-fora engagement (Executive Board, IMFC Deputies work stream, G-20 IFA Working Group) is central to progress.
- A consensus-based outcome by January 2013 was the explicit goal endorsed by Directors and the IMFC.
- Success is conditional on "constructive engagement" and a "spirit of flexibility and compromise" from all sides.
Quota Formula Review - Further Considerations, (USA: International Monetary Fund, 0) accessed 9/18/2026
Content in this bundle
- Quota Formula Review—Further Considerations; IMF Policy Paper; November 8, 2012