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Recent Reforms of the Finances of the International Monetary Fund: An Overview

  • Bernhard SteinkiEmail author
  • Wolfgang Bergthaler
Chapter
  • 1.4k Downloads
Part of the European Yearbook of International Economic Law book series (EUROYEAR, volume 3)

Abstract

Under its charter, the International Monetary Fund with its near universal membership of 187 countries – is charged with “oversee[ing] the international monetary system.” This chapter discusses the measures taken by the International Monetary Fund to reform its income model and to improve its financing capacity. It also touches on related developments, in particular International Monetary Fund governance reform, which is inextricably linked to the financing reform through the link of quota share and voting power in the International Monetary Fund, and the reform of the International Monetary Fund's financing facilities, i.e., the modalities through which the International Monetary Fund provides financing to its members, which also influence the size of the International Monetary Fund.

Keywords

International Monetary Fund Fourth Amendment International Monetary System Income Model Quota Share 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  1. 1.Legal DepartmentInternational Monetary FundWashingtonUSA

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