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dc.contributor.authorMenkhoff, Lukasen
dc.contributor.authorMeyer, Reenoen
dc.date.accessioned2010-03-16-
dc.date.accessioned2010-08-03T13:10:50Z-
dc.date.available2010-08-03T13:10:50Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/37127-
dc.description.abstractThe G20 summits in 2009 have proposed major changes in governance of the International Monetary Fund (IMF). Most important seems to be the acknowledgment that the IMF in its current form lacks legitimacy and ownership. Accordingly, the G20 suggests a reallocation of voting shares to emerging and developing countries, an antedated reform of the quota system, a delinking of the managing director's election from regional origin and support for the Singapore quota and voice reform of 2006. Unfortunately, these reform decisions remain in part imprecise, they leave crucial issues untouched and they are not implemented, not even by several G20 countries themselves. So the intended reform takes the right direction but it must be implemented soon before any progress can be stated.en
dc.language.isoengen
dc.publisher|aLeibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät |cHannoveren
dc.relation.ispartofseries|aDiskussionsbeitrag |x439en
dc.subject.jelF33en
dc.subject.ddc330en
dc.subject.keywordInternational Monetary Funden
dc.subject.keywordgovernanceen
dc.subject.keywordreformen
dc.subject.keywordquota systemen
dc.subject.stwInternationale Wirtschaftsorganisationen
dc.subject.stwReformen
dc.subject.stwGovernance-Ansatzen
dc.subject.stwEigentümerstrukturen
dc.subject.stwWelten
dc.subject.stwG-20-Staatenen
dc.titleThe G20 proposal on IMF governance: Is there progress?-
dc.type|aWorking Paperen
dc.identifier.ppn621190403en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:han:dpaper:dp-439en

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