In July, the Executive Board held its second formal discussion on the quota formula review. Directors agreed on the principles that should guide the review and

The Executive Board has held three formal meetings on the quota formula review, and discussions have also taken place in other fora including the IMFC Deputies

This paper provides background for a further round of discussions on the Fifteenth General Review of Quotas (hereafter 15th Review). The paper builds on work pr

The IMF staff has updated individual member country data for the variables used in the quota formula for the period 1999-2011; the tables also include the compa

An informal Executive Board seminar in December 2006 made an important start in the development of a new quota formula.2 The discussion was wide ranging, raisin