The Executive Board One of the central failings of the IMF's current governance structure is the lack of effective participation by many of the developing countries, Sub-Saharan African countries in particular, in the decision making processes of the Executive Board. [...] In some constituencies the appointment of the Executive Director (ED), who makes decisions on the constituency's behalf at the board, is rotated amongst the membership and in others the country with the largest number of votes appoints the ED. [...] Meaningful changes can only be made with the consent of the industrial countries, which hold a majority of the voting power in the IMF Executive Board and of course in the IMF Board of Governors. [...] The second part of this chapter outlines the scope of the challenge confronting developing countries, in view of the current system of weighted voting, coupled with the current distribution of board seats among the membership. [...] The fourth part of the chapter illustrates the general claim for stronger developing country representation by focusing on the representation arrangements for one large section of the IMF's membership, Sub-Saharan African countries (SSA) - one quarter of the IMF's member countries - the most significantly affected by the imbalanced representation arrangements in the Executive Board.
Authors
- Bibliography, etc. Note
- Includes bibliographical references and index
- Control Number Identifier
- CaOOCEL
- Dewey Decimal Classification Number
- 332.1/52/091724
- General Note
- Issued as part of the desLibris books collection
- Geographic Area Code
- d------
- ISBN
- 0754645231 9781552501757
- LCCN
- HG3881.5.I58
- LCCN Item number
- A333 2005eb
- Modifying agency
- CaBNVSL
- Original cataloging agency
- DLC
- Physical Description | Extent
- 1 electronic text (xi, 124 p.)
- Published in
- Canada
- Publisher or Distributor Number
- CaOOCEL
- Rights
- Access restricted to authorized users and institutions
- System Control Number
- (CaBNVSL)slc00200387 (OCoLC)80243784 (CaOOCEL)405809
- System Details Note
- Mode of access: World Wide Web
- Transcribing agency
- DLC
Table of Contents
- Contents 6
- Preface 7
- List of Abbreviations 11
- Introduction 14
- Chapter 1 Improving Southern Voice on the IMF Board: Quo Vadis Shareholders? 20
- Chapter 2 Democratizing the IMF 51
- Note 1 Experiences with the Parliamentary Network on the World Bank: A View from the Inside 75
- Note 2 Bringing More Voices into the Policy Debate 78
- Chapter 3 Power without Responsibility? Enhancing Learning and Policy Accountability at the International Monetary Fund 80
- Chapter 4 Operational Policies and Procedures and an Ombudsman 101
- Note 3 Tighter IMF Accountability? Some Dangers 121
- Conclusion 128
- Index 130
- A 130
- B 130
- C 130
- D 131
- E 131
- F 132
- G 132
- H 132
- I 133
- J 134
- K 134
- L 134
- M 134
- N 135
- O 135
- P 135
- Q 136
- R 136
- S 136
- T 136
- U 137
- V 137
- W 137
- Y 137
