Download or read book Quotas and Voice A Possible Package of Reforms written by Inter-Secretariat Working Group on National Accounts and published by International Monetary Fund. This book was released on 2006-04-08 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: On July 5, the Executive Board had an informal discussion of reforms of quotas and voice as part of the process of formulating reform proposals for the Annual Meetings in Singapore. That discussion confirmed the importance attached by the membership to reaching agreement on a package of quota and voice reforms in Singapore for the Fund’s continued credibility and effectiveness. The discussion also revealed broad support for a reform package along the lines suggested in the staff paper. The support for quota and voice reform across a broad spectrum of the membership indicates that these reforms are not seen as a zero sum game, but rather as change that will strengthen the Fund and from which all members will benefit.

Download or read book Quota and Voice Reform Elements of a Possible Approach Statistical Appendices I and II Request for Additional Simulations Statement by the Managing Director and Summing Up of the Board Meeting written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-09-14 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

Download or read book Quotas and Voice Further Thoughts on Approaches to Reform written by Inter-Secretariat Working Group on National Accounts and published by International Monetary Fund. This book was released on 2006-06-23 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is now widespread recognition that addressing quota and voice imbalances across the membership is essential for preserving the effectiveness of the Fund and its credibility as a cooperative institution. As noted in the Managing Director’s Report on Implementing the Medium-Term Strategy,2 members’ quotas have become increasingly out of line with countries’ economic weight in the global economy. In addition, the declining role of basic votes since the Fund was established has weakened the voice of smaller developing countries.

Download or read book Power and Global Economic Institutions written by Ayse Kaya and published by Cambridge University Press. This book was released on 2015-11-19 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ayse Kaya analyses the relationship between states' economic power and their political power in key multilateral economic institutions.

Download or read book Handbook on China and Globalization written by Huiyao Wang and published by Edward Elgar Publishing. This book was released on 2019 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: An excellent guide for understanding the trends, challenges and opportunities facing China through globalization, this Handbook answers the pertinent questions regarding the globalization process and China’s influence on the world.

Download or read book Reform of Quota and Voice in the International Monetary Fund Draft Report of the Executive Board to the Board of Governors written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-03-28 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report sets out a proposal for a second-round package of reforms consistent with the framework agreed in the Singapore Resolution and, to that end, recommends that the Board of Governors approve the resolution that is appended to this Report (the "Resolution").

Download or read book Human Rights and Taxation in Europe and the World written by Georg Kofler and published by IBFD. This book was released on 2011 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: Resumen del editor: "The increasing globalization and the restructuring of the European legal framework by the Treaty of Lisbon are important factors to suggest that the traditional separation of spheres between taxation and human rights should be revisited. This book examines the issues surrounding the impact of the Lisbon Treaty on the guarantee and enforcement of human rights in the area of EU (tax) law and explores the possible development and potential impact of human rights in the field of taxation in this age of global law."

Download or read book Fourteenth General Review of Quotas Realigning Quota Shares Initial Considerations written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2010-03-24 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note provides operational guidance and background information on the use of Fund resources for budgetary financing. It does this in the context of concerns expressed by some Executive Board Directors that, by providing such financing, the Fund might be held accountable for the quality of budgetary spending; that repayment could be subject to country budgetary processes; and that budget financing is the role of other institutions.

Download or read book Quota Formula Review Initial Considerations written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2012-10-02 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Board of Governors has asked the Executive Board to complete a comprehensive review of the quota formula by January 2013. This review is an mportant part of the 2010 quota and governance reforms. At the Seoul Summit, G-20 Leaders welcomed the reforms, which they noted include “Continuing the dynamic process aimed at enhancing the voice and representation of emerging market and developing countries, including the poorest, through a comprehensive review of the quota formula by January 2013 to better reflect the economic weights; and through completion of the next general review of quotas by January 2014.” At its most recent meeting in September 2011, the IMFC stressed that governance reform is crucial to the legitimacy and effectiveness of the IMF. The IMFC committed to intensify its efforts to meet the 2012 Annual Meetings target for effectiveness of the 2010 reform, and called for a report on progress in the quota formula review by the time of its next meeting.

Download or read book Fifteenth General Review of Quotas Quota Formula and Realigning Shares written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2021-03-05 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides background for an initial discussion under the Fifteenth General Review of Quotas (15th Review) in line with the work plan agreed by the Executive Board. It discusses issues related to further reforms of the quota formula and realigning quota shares, based on updated quota data through 2015. A companion paper, to be discussed separately, will address issues related to the size of the Fund and mix of quota and borrowed resources. Both these papers seek to facilitate initial discussions on some of the key issues for the 15th Review. No proposals are made at this stage, recognizing that further deliberations will be needed before the issues under discussion can begin to be narrowed down.

Download or read book Fifteenth General Review of Quotas Further Considerations written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2021-03-05 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper revisits the two-pillar framework for assessing the adequacy of Fund resources. Responding to Directors suggestions, the quantitative pillar is updated to include alternative assumptions and to provide a longer-term perspective on likely resource needs. While quantitative estimates are generally somewhat lower after factoring in the alternative assumptions, these reductions are more than outweighed when the analysis is extended through the middle of the next decade, recognizing that the outcome of the 15th Review will likely determine permanent Fund resources through at least the middle of the next decade. The updated qualitative pillar analysis highlights reforms since the global financial crisis and discusses uncertainties in the global environment. It also provides an assessment of the general impact of the various qualitative considerations. Taken together, the two pillars continue to make a case for at least maintaining existing Fund resources. Against this background, the simulations in the paper cover three illustrative sizes for quota increases (50, 75, and 100 percent), centered on broadly maintaining Fund resources, assuming the New Arrangements to Borrow (NAB) is maintained at its current level and Bilateral Borrowing Agreements (BBAs) expire.

Download or read book Fourteenth General Review of Quotas Updated Data Set and Quota Calculations written by International Monetary Fund. Legal Dept. and published by International Monetary Fund. This book was released on 2010-07-15 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund Activities (the “SFA Instrument”). The financing of activities under the terms of the SFA Instrument is implemented through the establishment and operation of a subaccount within the SFA. This paper requests Executive Board approval to establish the United States Subaccount for Selected Fund Activities (the “Subaccount”) under the terms of the SFA instrument.

Download or read book Report of the Managing Director to the International Monetary and Financial Committee on the IMF s Policy Agenda written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-09-04 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes the policy changes that the Fund has made since the October 2007 IMFC meeting and the ways in which we plan to refocus the Fund’s work to support our members more strongly. It also describes the steps that management, staff, and the Executive Board have agreed to put our own house in order—to reform our governance, contain our spending, and solve our income problem.

Download or read book IMF Financial Operations 2015 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2015-10-05 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: IMF Financial Operations 2015 provides a broad introduction to how the IMF fulfills its mission through its financial activities. It covers the financial structure and operations of the IMF and also provides background detail of the financial statements for the IMF's activities during the most recent financial year. This publication (currently in its second edition) updates a previous report entitled Financial Organization and Operations of the IMF, first published in 1986 and last issued in 2001 (the sixth edition). That 2001 report reflected the seismic shifts in the global economy and in the IMF's structure and operations that occurred after the fall of the Soviet Union and the various currency and financial crises of the 1990s. This revised and updated report covers more recent developments, including measures taken in response to the global financial crisis of 2007–09 and the institutional reforms aimed at ensuring that the IMF's governance structure evolves in line with developments in the global economy, measures to enhance the financial safety net for developing economies, as well as reforms to the IMF's income model.

Download or read book IMF Financial Operations 2014 written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2014-10-07 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: IMF Financial Operations 2014 provides a broad introduction to how the IMF fulfills its mission through its financial activities. It covers the financial structure and operations of the IMF and also provides background detail of the financial statements for the IMF’s activities during the most recent financial year. This publication updates a previous report entitled Financial Organization and Operations of the IMF, first published in 1986 and last issued in 2001 (the sixth edition). That 2001 report reflected the seismic shifts in the global economy and in the IMF’s structure and operations that occurred after the fall of the Soviet Union and the various currency and financial crises of the 1990s. This revised and updated report covers more recent developments, including measures taken in response to the global financial crisis of 2007-09 and the institutional reforms aimed at ensuring that the IMF’s governance structure evolves in line with developments in the global economy, as well as reforms to the IMF’s income model.

Download or read book IMF Quota and Governance Reform Elements of an Agreement written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2010-10-31 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper sets out, and seeks to make operational, a core package for the consideration of the Executive Board and, subsequently, the Board of Governors. The reforms would lead to a major overhaul of the Fund’s quotas and governance, strengthening the Fund’s legitimacy and effectiveness. The paper proposes completion of the 14th General Review of Quotas with a doubling of quotas and a major realignment of quota shares among members. It also covers proposals that would lead to a more representative, all-elected Executive Board.

Download or read book International Monetary Reform written by John Williamson and published by Routledge. This book was released on 2015-10-08 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a contribution to the debates surrounding international monetary reform. The author examines and analyses the workings of the International Monetary Fund (IMF) and suggests how the international monetary system could, through changes to the IMF, be reshaped and reformed. Chapters examine the Palais-Royal report, explain how the IMF could be granted unlimited bailout powers to confront a global crisis, propose an exchange-rate based mechanism by which the international community could discipline excessive imbalances, examine alternative possibilities for the supply of future reserves, advocate `enthronement of the Special Drawing Right’, and discuss the obstacles in the way of such an ambitious reform agenda.