Report of the Executive Board to the Board of Governors - Quota and Voice Reform - Progress Since the 2006 Annual Meetings

Volume/Issue: Volume 2007 Issue 041

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Topics covered in this book

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Finance , PP , quota share , share , credibility of the fund , reform program , Singapore , blended GDP variable , reform agenda , Emerging and frontier financial markets , Purchasing power parity , Global

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Summary

At the Annual Meetings in Singapore, the Board of Governors approved a program of quota and voice reforms (Resolution 61-5) that aims to enhance the effectiveness and credibility of the Fund. This report responds to that request and reflects the extensive discussions by the Executive Board over the past year on the reform agenda agreed in Singapore.