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Quota And Voice Reform
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Author :Inter-Secretariat Working Group on National Accounts Publisher :International Monetary Fund ISBN 13 :1498332374 Total Pages :25 pages Book Rating :4.4/5 (983 download)
Book Synopsis Quotas and Voice - A Possible Package of Reforms by : Inter-Secretariat Working Group on National Accounts
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.
Author :Inter-Secretariat Working Group on National Accounts Publisher :International Monetary Fund ISBN 13 :1498332552 Total Pages :23 pages Book Rating :4.4/5 (983 download)
Book Synopsis Quotas and Voice - Further Thoughts on Approaches to Reform by : Inter-Secretariat Working Group on National Accounts
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 Quota and Voice Reform written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Quota and Voice Reform - Stocktaking and Further Considerations, Statistical Appendices I and II, Statement by the Managing Director, and Summing Up of the Board Meeting by :
Download or read book Quota and Voice Reform - Stocktaking and Further Considerations, Statistical Appendices I and II, Statement by the Managing Director, and Summing Up of the Board Meeting written by and published by INTERNATIONAL MONETARY FUND. This book was released on 2007-11-07 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: At its Spring Meeting, the IMFC reiterated the importance of implementing the program of quota and voice reforms in line with the timetable set out by the Board of Governors in Singapore. The Committee welcomed the initial informal Board discussions on a new quota formula and stressed the importance of agreeing on a new formula, which should be simple and transparent and should capture members’ relative positions in the world economy. It noted that this reform would result in higher shares for dynamic economies, many of which are emerging market economies, whose weight and role in the global economy have increased. The Committee also stressed the importance of enhancing the voice and participation of low-income countries, a key issue for which is an increase in basic votes, at a minimum preserving the voting share of low-income countries. The Committee called on the Executive Board to continue its work on the reform package as a matter of priority.
Book Synopsis Reform of Quota and Voice in the International Monetary Fund-Draft Report of the Executive Board to the Board of Governors by : International Monetary Fund
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").
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1498333338 Total Pages :111 pages Book Rating :4.4/5 (983 download)
Book Synopsis 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 by : International Monetary Fund
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
Book Synopsis Extension Of The Periods For Consent To And Payment Of Quota Increase by : International Monetary Fund. Finance Dept.
Download or read book Extension Of The Periods For Consent To And Payment Of Quota Increase written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2019-08-06 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: On June 25, 2019, the IMF’s Executive Board approved a further six-month extension of the period for members to consent to an increase in their quotas under the Fourteenth General Review of Quotas (“Fourteenth Review”) through December 27, 2019. The deadline was due to expire on June 28, 2019. However, Board of Governors Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under Resolution No. 66-2 also extends the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53-2). The Executive Board also approved a further six-month extension of the period for payment of quota increases under the Fourteenth Review, and an extension for the payment of the quota increases under the 2008 Reform, through December 27, 2019.
Book Synopsis Extension Of The Periods For Consent To And Payment Of Quota Increases by : International Monetary Fund. Finance Dept.
Download or read book Extension Of The Periods For Consent To And Payment Of Quota Increases written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2020-01-15 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: On December 20, 2019, the IMF’s Executive Board approved a further six-month extension of the period for members to consent to an increase in their quotas under the Fourteenth General Review of Quotas (“Fourteenth Review”) through June 30, 2020. The deadline was due to expire on December 27, 2019. However, Board of Governors Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under Resolution No. 66-2 also extends the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53-2). The Executive Board also approved a further six-month extension of the period for payment of quota increases under the Fourteenth Review, and an extension for the payment of the quota increases under the 2008 Reform, through June 30, 2020.
Book Synopsis Extension of the Periods for Consent to and Payment of Quota Increase by : International Monetary Fund. Finance Dept.
Download or read book Extension of the Periods for Consent to and Payment of Quota Increase written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2018-07-16 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: "On June 27, 2018, the IMF’s Executive Board approved a further six-month extension of the period for members to consent to an increase in their quotas under the Fourteenth General Review of Quotas (“Fourteenth Review”) through December 28, 2018. The deadline was due to expire on June 29, 2018. However, Board of Governors Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under Resolution No. 66-2 also extends the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53-2). The Executive Board also approved a further six-month extension of the period for payment of quota increases under the Fourteenth Review, and an extension for the payment of the quota increases under the 2008 Reform, through December 28, 2018."
Download or read book Quota and Voice Reform written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Report of the Managing Director to the International Monetary and Financial Committee on IMF Quota and Voice Reform by : International Monetary Fund
Download or read book Report of the Managing Director to the International Monetary and Financial Committee on IMF Quota and Voice Reform written by International Monetary Fund and published by International Monetary Fund. This book was released on 2008-09-04 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: The October 2007 Communiqué of the IMFC called on the Executive Board to develop specific proposals on a new income model and a new expenditure framework by the time of the 2008 Spring Meetings. On April 7, 2008, the Executive Board endorsed a new income model for the Fund and considered a new medium-term budgetary envelope for financial years 2009–11, which includes deep spending cuts, and approved administrative, restructuring, and capital budgets for financial year 2009. As a key element of this new income-expenditure framework, the Executive Board ecommended the adoption by the Board of Governors of an amendment of the Articles of Agreement to expand the Fund’s investment authority. The Executive Board’s recommendation was sent to the Board of Governors, with the voting period running through 6:00 p.m., Washington time, May 5, 2008.
Book Synopsis Extension of the Period for Consent to Increase Quotas Under the Fourteenth General Review of Quotas, the 2008 Reform of Quota and Voice, and the Eleventh General Review of Quotas by : International Monetary Fund. Finance Dept.
Download or read book Extension of the Period for Consent to Increase Quotas Under the Fourteenth General Review of Quotas, the 2008 Reform of Quota and Voice, and the Eleventh General Review of Quotas written by International Monetary Fund. Finance Dept. and published by International Monetary Fund. This book was released on 2012-06-19 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes a six-month extension of the period for consent to increase quotas under the Fourteenth General Review of Quotas.1 The current deadline is due to expire on June 30, 2012;2 however, Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under the Board of Governor’s Resolution No. 66-2 will also extend the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53-2).
Book Synopsis Extension of the Period for Consent to Increase Quotas Under the Fourteenth General Review of Quotas, the 2008 Reform of Quota and Voice, and the Eleventh General Review of Quotas by : International Monetary Fund
Download or read book Extension of the Period for Consent to Increase Quotas Under the Fourteenth General Review of Quotas, the 2008 Reform of Quota and Voice, and the Eleventh General Review of Quotas written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-09-12 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes a further six-month extension of the period for consent to increase quotas under the Fourteenth General Review of Quotas. The current deadline is due to expire on December 31, 2014; however, Board of Governor’s Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under Resolution No. 66-2 will also extend the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53- 2).
Book Synopsis Extension of the Periods for Consent to and Payment of Quota Increases by : International Monetary Fund
Download or read book Extension of the Periods for Consent to and Payment of Quota Increases written by International Monetary Fund and published by International Monetary Fund. This book was released on 2018-01-10 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes a further six-month extension of the period for members to consent to an increase in their quotas under the Fourteenth General Review of Quotas (“Fourteenth Review”) through June 29, 2018. The current deadline is due to expire on December 29, 2017. However, Board of Governors Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under Resolution No. 66-2 will also extend the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53-2). This paper also proposes a further six-month extension of the period for payment of quota increases under the Fourteenth Review, and an extension for the payment of the quota increases under the 2008 Reform, through June 29, 2018.
Author :International Monetary Fund. Strategy, Policy, & Review Department Publisher :International Monetary Fund ISBN 13 :1498343872 Total Pages :7 pages Book Rating :4.4/5 (983 download)
Book Synopsis Extension of the Period for Consent to Increase Quotas Under the Fourteenth General Review of Quotas, the 2008 Reform of Quota and Voice, and the Eleventh General Review of Quotas by : International Monetary Fund. Strategy, Policy, & Review Department
Download or read book Extension of the Period for Consent to Increase Quotas Under the Fourteenth General Review of Quotas, the 2008 Reform of Quota and Voice, and the Eleventh General Review of Quotas written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2015-12-17 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes a further six-month extension of the period for consent to increase quotas under the Fourteenth General Review of Quotas. The current deadline is due to expire on December 31, 2015, however, Board of Governors Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under Resolution No. 66-2 will also extend the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53-2). As of December 14, 2015, 21 members have not yet consented to their proposed quota increases under Resolution No. 66-2 (see Appendix I). Once the conditions for effectiveness of the individual quota increases are met, members may then pay for their quota increases to make them effective.
Book Synopsis Reform of Quota and Voice in the International Monetary Fund-Draft Report of the Executive Board to the Board of Governors by : Internationaler Währungsfonds
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 Internationaler Währungsfonds and published by . This book was released on 2008 with total page 0 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").
Author :Inter-Secretariat Working Group on National Accounts Publisher :International Monetary Fund ISBN 13 :149833198X Total Pages :69 pages Book Rating :4.4/5 (983 download)
Book Synopsis Further Thoughts on a New Quota Formula, and Statistical Appendices I and II by : Inter-Secretariat Working Group on National Accounts
Download or read book Further Thoughts on a New Quota Formula, and Statistical Appendices I and II written by Inter-Secretariat Working Group on National Accounts and published by International Monetary Fund. This book was released on 2006-11-22 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Board of Governors in a Resolution adopted on September 18 requested that the Executive Board reach agreement on a new quota formula, starting discussions soon after the Annual Meetings in Singapore. According to the Resolution, this work should be completed by the Annual Meetings in 2007, and no later than the IMFC Meeting in the Spring of 2008. The Resolution states that the new formula should provide a simpler and more transparent means of capturing members’ relative positions in the world economy. This new formula would provide the basis for a second round of ad hoc quota increases, as part of the program of quota and voice reform to be completed by the Annual Meetings in 2007, and no later than by the Annual Meetings of 2008. This paper explores key issues related to a new quota formula as background for an informal Board seminar. This seminar is the first opportunity for the Board to discuss the new formula since the adoption of the Resolution. The paper first reviews the broad considerations and principles that should guide the design of a new quota formula, taking as a starting point the roles of quotas in the Fund. The paper also considers more specific issues in that light, such as the selection of variables and possible functional forms for the new formula. In examining these issues, the paper draws on the extensive discussion of the quota formulas in recent years, taking up questions raised both within the Board and in other fora.
