Author: National Advisory Council on International Monetary and Financial Policies (U.S.)Publisher:
ISBN:
Category : Fiscal policy
Languages : en
Pages : 442
Book Description
Amendment of the Article of Agreement and Increase in Quotas of the International Monetary Fund
Author: National Advisory Council on International Monetary and Financial Policies (U.S.)Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Special Report to the President and to the Congress on Amendment of the Articles of Agreement of the International Monetary Fund and on an Increase in Quotas in the International Monetary Fund
Author: National Advisory Council on International Monetary and Financial Policies (U.S.)Publisher:
ISBN:
Category : Fiscal policy
Languages : en
Pages : 442
Book Description
Special Report to the President and to the Congress on Amendment of the Articles of Agreement of the International Monetary Fund and on an Increase in Quotas in the International Monetary Fund
Author: National Advisory Council on International Monetary and Financial Policies (U.S.)Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Proposed Amendment to the Articles of Agreement on the Reform of the IMF Executive Board and Fourteenth General Review of Quotas—Status of Acceptances and Consents
Author: International Monetary Fund. Finance Dept.Publisher: International Monetary Fund
ISBN: 1498338089
Category : Business & Economics
Languages : en
Pages : 5
Book Description
This paper updates the status of consents to the proposed quota increases under the 14th General Review of Quotas and of acceptances of the Proposed Seventh Amendment on the Reform of the Executive Board (“Board Reform Amendment”) as set out in the Board of Governors Resolution No. 66-2.
Amendment of the Articles of Agreement and Increase in Quotas of the International Monetary Fund
Author: National Advisory Council on International Monetary and Financial Policies (U.S.)Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Amendment of the Articles of Agreement and Increase in Quotas of the International Monetary Fund, Communication from the Secretary of the Treasury
Author: United States. Congress. House. Committee on Banking, Currency, and HousingPublisher:
ISBN:
Category : Special drawing rights
Languages : en
Pages : 443
Book Description
Amendment of the Articles of Agreement and Increase in Quotas of the International Monetary Fund
Author: Special Report to the President and to the Congress on Amendment of the Articles of Agreement of the International Monetary Fund and on an Increase in Quotas in the International Monetary Fund
Author: Proposed Amendment of the Articles of Agreement Regarding Basic Votes - Preliminary Considerations
Author: International Monetary Fund. Legal Dept.Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781498331937
Category : Business & Economics
Languages : en
Pages : 16
Book Description
Paragraph 4 of the Board of Governors Resolution on Quota and Voice Reform in the International Monetary Fund, which was adopted effective September 18, 2006 (Resolution 61-5), addresses issues relating to the reform of basic votes in the Fund. Specifically, it provides as follows: “As an integral part of the reform program, and together with its recommendations for increases in quotas under paragraph 3, the Executive Board is requested to propose to the Board of Governors an amendment of the Fund’s Articles of Agreement that would: (a) provide for at least a doubling of the “basic” votes that each member possesses pursuant to Article XII, Section 5(a) of the Fund’s Articles of Agreement, and thereby at a minimum protect the existing voting share of low income countries as a group and (b) ensure that the ratio of the sum of the “basic” votes of all members to the sum of members’ total voting power remains constant following the increase under (a) above in the event of any subsequent changes in the total voting power of members. The Executive Board is requested to put forward a specific proposal by the Annual Meetings in 2007, and no later than the Annual Meetings in 2008.” This paper is intended as a first step in facilitating the Executive Board’s response to the above request of the Board of Governors. Specifically, it discusses the design of an amendment of the Articles that would ensure that the ratio of the sum of the basic votes of all members to the sum of members’ total voting power remains constant, as called for in paragraph 4(b) of Resolution 61-5, and identifies implications of such an amendment.
IMF Quota and Governance Reform - Elements of an Agreement
Author: International Monetary Fund. Finance Dept.Publisher: International Monetary Fund
ISBN: 1498336590
Category : Business & Economics
Languages : en
Pages : 63
Book Description
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.