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Transparency at the IMF--A Factsheet

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Governance of the International Monetary Fund (IMF) : Decision Making, Institutional Oversight, Transparency and Accountability

Author/Editor: van Houtven, Leo
Electronic Access: Free Full Text

Summary: The author-a top decision maker at the IMF for two decades-first focuses on the system of quotas and voting power in the IMF and concludes that it calls for reforms to enhance equity among the membership. He then examines decision making in the Executive Board, with an emphasis on consensus building in a cooperative institution, and the record of political oversight of the international monetary system through the Interim Committee and its successor, the International Monetary and Financial Committee. In that context, the author also comments on the impact on IMF decision making of the activities of groups of members, and of the differing interests of major shareholders. Thereafter, he recalls the distinctive features of the financial crises of the 1990s and examines their evolving implications for IMF governance. The essay concludes with an appraisal of IMF governance.
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Series: Pamphlet Series, No. 53
Subject(s): Fund | Governance | Transparency
    Published:   August 9, 2002        
    ISBN/ISSN:   978-1-58906-130-9 / 0538-8759   Format:   Paper
    Stock No:   P053EA   Pages:   97
    Published:   February 9, 2004        
    ISBN/ISSN:   ISBN 1-58906-302-3 ; ISSN 0252-2985   Format:   Paper
    Stock No:   P053FA   Pages:   106
    Price:   Free        
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