TOPIC: Tools » Institutions » Global » IMF » Policies » Economy
Category
papers
Date
2006-04-01
Actor
Lachman, Desmond
Source
Peterson Institute f...
Uploaded date
2013-09-27

How Should IMF Resources be Expanded?

"Among the more stricking aspects of the IMF is how little its financial structure has changed since its inception in 1944. Although the world economy has changed beyond recognition during the last 60 years, the IMF has retained its basic structure as an international financial cooperative. Within that structure, IMF member countries' borrowing rights and voting, powers are determined by their quota contribution." (Quoted from paper)

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