Quotas and Voice - A Possible Package of Reforms

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.