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Financing the Fund and Reforming Quotas

In: International Financial Policy and Economic Development

Author

Listed:
  • Graham Bird

    (University of Surrey)

Abstract

Although the International Monetary Fund has had a high profile over recent years, particularly in relation to its role in helping to alleviate debt problems, it is frequently overlooked that the Fund’s activities are constrained by its own resources. These in turn, and in large measure, depend on the value of IMF quotas. Since quotas also affect the extent to which members are eligible for assistance from the Fund, it is clear that they are of considerable importance. Furthermore since developing countries have been the principal clients of the Fund over recent years, they clearly have a particular interest in the availability of Fund finance.

Suggested Citation

  • Graham Bird, 1987. "Financing the Fund and Reforming Quotas," Palgrave Macmillan Books, in: International Financial Policy and Economic Development, chapter 8, pages 150-188, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-08579-8_8
    DOI: 10.1007/978-1-349-08579-8_8
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    Cited by:

    1. Graham Bird & Dane Rowlands, 2006. "IMF quotas: Constructing an international organization using inferior building blocks," The Review of International Organizations, Springer, vol. 1(2), pages 153-171, June.
    2. Graham Bird & Ramkishen S. Rajan, 2004. "Coping with, and Cashing in on, International Capital Volatility," Palgrave Macmillan Books, in: International Finance and the Developing Economies, chapter 11, pages 181-203, Palgrave Macmillan.

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