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Reforming the Governance of the IMF and the World Bank

Reforming the Governance of the IMF and the World Bank

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  • ISBN:9781843312116
  • Editorial: Anthem Press
  • Fecha de la edición:
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  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:328
  • Idiomas:Español

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In 1972, the Intergovernmental Group of 24 for Intentional Monetary Affairs and Development was formed to further the interests of developing countries and their participation in forums on relevant issues. The G-24 Secretariat's director introduces a dozen chapters by international academic and government contributors as part of a research agenda

1 Introduction 1
2 The Bretton Woods institutions : governance without legitimacy? by Ariel Buira 7
3 Reforming the international monetary fund : towards enhanced accountability and legitimacy by Vijay L. Kelkar and Praveen K. Chaudhry and Marta Vanduzer-Snow and V. Bhaskar 45
4 Improving IMF governance and increasing the influence of developing countries in IMF decision-making by Murila Portugal 75
5 Issues on IMF governance and representation : an evaluation of alternative options by Guillermo Le Fort V. 107
6 Making the IMF and the World Bank more accountable by Ngaire Woods 149
7 Purchasing power parities and comparisons of GDP in IMF quota calculations by John B. McLenaghan 171
8 Measuring vulnerability : capital flows volatility in the quota formula by Laura dos Reis 195
9 Enhancing the voice of developing countries in the World Bank : selective double majority voting and a pilot phase approach by Cord Jakobeit 213
10 Voting power implications of a double majority voting procedure in the IMF's executive board by Jonathan R. Strand and David P. Rapkin 235
11 Power versus weight in IMF governance : the possible beneficial implications of a United European bloc vote by Dennis Leech and Robert Leech 251
12 Changing IMF quotas : the role of the United States Congress by J. Lawrence Broz 283

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