Download Quota Formula Review - Data Update and Further Considerations - Statistical Appendix PDF Full

Quota Formula Review - Data Update and Further Considerations - Statistical Appendix

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Publisher : International Monetary Fund
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ISBN : 149834030X
Pages : 83 pages
Rating : 4.8/5 (34 Download)

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Download Free Quota Formula Review - Data Update and Further Considerations - Statistical Appendix PDF by International Monetary Fund. Finance Dept. Full Book and published by International Monetary Fund. This book was released on 2012-06-29 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: This appendix discusses the required data, the selection of the database, and the derivation of the data series used for the quota calculations

Download Quota Formula—Data Update and Further Considerations PDF Full

Quota Formula—Data Update and Further Considerations

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Publisher : International Monetary Fund
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ISBN : 1498343139
Pages : 40 pages
Rating : 4.8/5 (343 Download)

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Download Free Quota Formula—Data Update and Further Considerations PDF by International Monetary Fund Full Book and published by International Monetary Fund. This book was released on 2014-02-07 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF staff has updated individual member country data for the variables used in the quota formula for the period 2000-12. The updated database also incorporates the recently released 2011 International Comparison Program (ICP) global estimates for purchasing power parity rates (PPP) rates. The staff paper also presents updated calculated quota shares based on the current quota formula. The current quota formula includes a GDP variable, which is a blend of GDP at market rates and GDP at purchasing power parity (PPP), openness, variability, and international reserves. The International Monetary and Financial Committee has called for agreement on a new quota formula as part of the 15th General Review of Quotas. The paper presents a limited set of illustrative simulations of possible reforms of the quota formula using the updated quota data. These simulations are purely illustrative and do not represent proposals. The new data tables that can be downloaded via the below link include also the comparable value of each variable for the previous quota dataset, which was based on data covering the period 1999-2011. The information is presented in millions of SDRs (Table A1) and in percent of their respective global totals (Tables A2 and A3). A table showing calculated quota shares based on the current quota formula is also included (Table A4). Data sources and a description of the quota variables are discussed in Quota Formula – Data Update and Further Considerations - Statistical Appendix; IMF Policy Paper; July 2014. Download Quota Data: Updated IMF Quota Formula Variables - July 2014

Download Quota Formula Review - Data Update and Further Considerations PDF Full

Quota Formula Review - Data Update and Further Considerations

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Publisher : International Monetary Fund
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ISBN : 1498340334
Pages : 37 pages
Rating : 4.8/5 (34 Download)

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Download Free Quota Formula Review - Data Update and Further Considerations PDF by International Monetary Fund. Finance Dept. Full Book and published by International Monetary Fund. This book was released on 2012-06-28 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: In March 2012, the Executive Board held its first formal discussion on the comprehensive review of the quota formula. This review, to be completed by January 2013, is an important part of the quota and governance reforms agreed in 2010. Directors stressed the importance of agreeing on a quota formula that better reflects members’ relative positions in the global economy for future discussions on the 15th General Review of Quotas. This view was reiterated in April by the IMFC, which looked forward to an agreement by January 2013: "...on a simple and transparent quota formula that better reflects members’ relative positions in the world economy." The IMFC also reaffirmed its commitment to complete the 15th quota review by January 2014. It noted that any realignment is expected to result in increases in the quota shares of dynamic economies in line with their relative positions in the world economy, and hence likely in the share of EMDCs as a whole; and that steps shall be taken to protect the voice and representation of the poorest members. The Board held an informal follow-up meeting on June 13, 2012.

Download Quota Formula - Data Update and Further Considerations PDF Full

Quota Formula - Data Update and Further Considerations

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Publisher : International Monetary Fund
Release Date :
ISBN : 1498341438
Pages : 39 pages
Rating : 4.8/5 (341 Download)

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Download Free Quota Formula - Data Update and Further Considerations PDF by International Monetary Fund. Finance Dept. Full Book and published by International Monetary Fund. This book was released on 2013-07-23 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF staff has updated individual member country data for the variables used in the quota formula for the period 1999-2011; the tables also include the comparable value of each variable for the previous quota dataset, which was based on data covering the period 1998-2010. The information is presented in millions of SDRs (Table A1) and in percent of their respective global totals (Tables A2 and A3). A table showing calculated quota shares based on the quota formula is also included (Table A4). The current quota formula includes a GDP variable, which is a blend of GDP at market rates and GDP at purchasing power parity (PPP), openness, variability, and international reserves (see Box 1 in Reform of Quota and Voice in the International Monetary Fund-Draft Report of the Executive Board to the Board of Governors). Data sources and a description of the quota variables are discussed in Quota Formula – Data Update and Further Considerations - Statistical Appendix; IMF Policy Paper; June 2013. Download Quota Data: Updated IMF Quota Formula Variables - July 2013

Download Fifteenth General Review of Quotas— Additional Considerations and Data Update PDF Full

Fifteenth General Review of Quotas— Additional Considerations and Data Update

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Publisher : International Monetary Fund
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ISBN : 1513571311
Pages : 170 pages
Rating : 4.3/5 (571 Download)

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Download Free Fifteenth General Review of Quotas— Additional Considerations and Data Update PDF by International Monetary Fund. Finance Dept. Full Book and published by International Monetary Fund. This book was released on 2021-03-05 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides background for a further round of discussions on the Fifteenth General Review of Quotas (hereafter 15th Review). The paper builds on work presented in previous staff papers and Directors’ views expressed in three meetings of the Committee of the Whole in September 2017 and February 2018. No proposals are presented at this stage, pending further Board guidance on possible approaches to narrowing the current differences of views.

Download The BRICS and Collective Financial Statecraft PDF Full

The BRICS and Collective Financial Statecraft

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Publisher : Oxford University Press
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ISBN : 0190697520
Pages : 272 pages
Rating : 4.0/5 (697 Download)

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Download Free The BRICS and Collective Financial Statecraft PDF by Cynthia A. Roberts Full Book and published by Oxford University Press. This book was released on 2017-11 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the first decade of the 21st century, five rising powers (Brazil, Russia, India, China, and South Africa) formed an exclusive and informal international club, the BRICS. Although neither revolutionaries nor extreme revisionists, the BRICS perceive an ongoing global power shift and contest the West's pretensions to permanent stewardship of the existing economic order. Together they have exercised collective financial statecraft, employing their expanding financial and monetary capabilities for the purpose of achieving larger foreign policy goals. This volume examines the forms and strategies of such collective financial statecraft, and the motivations of each individual government for collaborating through the BRICS club. Their cooperative financial statecraft takes various forms, ranging from pressure for "inside reforms" of either multilateral institutions or global markets, to "outside options" exercised through creating new multilateral institutions or jointly pushing for new realities in international financial markets. To the surprise of many observers, the joint actions of the BRICS are largely successful. Although each member has its unique rationale for collaboration, the largest member, China, controls resources that permit it the greatest influence in intra-club decision-making. The BRICS cooperate due to both common aversions (for example, resentment over being perennial junior partners in global economic and financial governance and resistance to infringements on their autonomy due to U.S. dollar dominance and financial power) and common interests (such as obtaining greater voice in international institutions, as the IMF). The group seeks reforms, influence, and enhanced leadership roles within the liberal capitalist global system. Where blocked, they experiment with parallel multilateral institutions in which they are the dominant rule-makers. The future of the BRICS depends not only on their bargaining power and adjustment to market players, but also on their ability to overcome domestic impediments to sustainable economic growth, the basis for their international influence.

Download Quota Formula - Data Update PDF Full

Quota Formula - Data Update

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Publisher : International Monetary Fund
Release Date :
ISBN : 1498344437
Pages : 39 pages
Rating : 4.8/5 (344 Download)

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Download Free Quota Formula - Data Update PDF by International Monetary Fund. Finance Dept. Full Book and published by International Monetary Fund. This book was released on 2015-06-19 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF staff has updated individual member country data for the variables used in the quota formula for the period 2001-13. The staff paper also presents updated calculated quota shares based on the current quota formula. The current quota formula includes a GDP variable, which is a blend of GDP at market rates and GDP at purchasing power parity (PPP), openness, variability, and international reserves. The International Monetary and Financial Committee has called for agreement on a new quota formula as part of the 15th General Review of Quotas. The paper presents a limited set of illustrative simulations of possible reforms of the quota formula using the updated quota data. These simulations are purely illustrative and do not represent proposals. The new data tables that can be downloaded via the below link include also the comparable value of each variable for the previous quota dataset, which was based on data covering the period 2000-2012. The information is presented in millions of SDRs (Table A1) and in percent of their respective global totals (Tables A2 and A3). A table showing calculated quota shares based on the current quota formula is also included (Table A4). Data sources and a description of the quota variables are discussed in Quota Formula – Data Update - Statistical Appendix; IMF Policy Paper; July 2015. Download Quota Data: Updated IMF Quota Formula Variables - July 2015

Download Emerging Powers and Global Governance PDF Full

Emerging Powers and Global Governance

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Publisher : International Monetary Fund
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ISBN : 1513557408
Pages : 55 pages
Rating : 4.3/5 (557 Download)

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Download Free Emerging Powers and Global Governance PDF by Rakesh Mohan Full Book and published by International Monetary Fund. This book was released on 2015-10-02 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: The governance structure in global bodies like the IMF continues to be disproportionally dominated by advanced economies. Sustained rapid growth in emerging and developing economies (EDEs) in the past 2-3 decades has led to their growing relative weight in the global economy, but with little increase in their voice in the IMF. The emergence of regional financial arrangements reflects the growing dissatisfaction of the EDEs with the current framework. The global economy is on the cusp of an epochal change moving the fulcrum of economic power from the North Atlantic towards Asia after more than 200 years. This must be recognized and responded to adequately.

Download Fifteenth General Review of Quotas—Quota Formula and Realigning Shares PDF Full

Fifteenth General Review of Quotas—Quota Formula and Realigning Shares

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Publisher : International Monetary Fund
Release Date :
ISBN : 1513571206
Pages : 234 pages
Rating : 4.3/5 (571 Download)

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Download Free Fifteenth General Review of Quotas—Quota Formula and Realigning Shares PDF by International Monetary Fund. Finance Dept. Full Book and published by International Monetary Fund. This book was released on 2021-03-05 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides background for an initial discussion under the Fifteenth General Review of Quotas (15th Review) in line with the work plan agreed by the Executive Board. It discusses issues related to further reforms of the quota formula and realigning quota shares, based on updated quota data through 2015. A companion paper, to be discussed separately, will address issues related to the size of the Fund and mix of quota and borrowed resources. Both these papers seek to facilitate initial discussions on some of the key issues for the 15th Review. No proposals are made at this stage, recognizing that further deliberations will be needed before the issues under discussion can begin to be narrowed down.

Download A New Quota Formula - Additional Considerations, Statistical Appendix, and Statement by the Managing Director PDF Full

A New Quota Formula - Additional Considerations, Statistical Appendix, and Statement by the Managing Director

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Publisher : International Monetary Fund
Release Date :
ISBN : 1498333702
Pages : 84 pages
Rating : 4.8/5 (333 Download)

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Download Free A New Quota Formula - Additional Considerations, Statistical Appendix, and Statement by the Managing Director PDF by Inter-Secretariat Working Group on National Accounts Full Book and published by International Monetary Fund. This book was released on 2007-03-14 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: An informal Executive Board seminar in December 2006 made an important start in the development of a new quota formula.2 The discussion was wide ranging, raising a number of important issues that need to be considered further in the development of a formula that can achieve the objectives of the quota reform and command the required broad support within the membership. This paper seeks to provide a basis for a second discussion, including by exploring issues raised at the December meeting. The paper also provides further simulations based on a wider range of assumptions regarding possible variables and their weights, as requested by many Directors. As with the last paper, it should be emphasized that this paper does not seek to propose any particular formula and that all the simulations presented should be seen as illustrative and as merely an aid to discussion. Nevertheless, it is hoped that the discussion of this paper will help lay the groundwork for beginning to narrow options and moving toward formulation of a specific proposal in the coming months. The paper does not address the size of the second round ad hoc quota increases. This question, which is closely linked to the magnitude of the increase in basic votes, will be taken up at a later stage once the discussion of the formula is more advanced.

Download Quota Formula Review - Data Update and Issues PDF Full

Quota Formula Review - Data Update and Issues

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Publisher : International Monetary Fund
Release Date :
ISBN : 1498338585
Pages : 28 pages
Rating : 4.8/5 (338 Download)

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Download Free Quota Formula Review - Data Update and Issues PDF by International Monetary Fund. Finance Dept. Full Book and published by International Monetary Fund. This book was released on 2011-08-17 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the conclusion of the 14th General Review of Quotas (14th Review), the Board of Governors requested that a comprehensive review of the quota formula be completed by the Executive Board by January 2013. The timetable for completing the 15th General Review was also brought forward by two years to January 2014. This paper is intended to serve as background for an initial informal exchange of views on issues relating to the formula review. It begins with a brief stock-take, before presenting the results of updating the quota database through 2009. The remainder of the paper discusses potential issues that could be considered as part of the review.

Download Quotas - Updated Calculations PDF Full

Quotas - Updated Calculations

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Publisher : International Monetary Fund
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ISBN : 1498330134
Pages : 31 pages
Rating : 4.8/5 (33 Download)

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Download Free Quotas - Updated Calculations PDF by International Monetary Fund. Finance Dept. Full Book and published by International Monetary Fund. This book was released on 2004-08-27 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download Quota Formula Review - Data Update and Further Considerations - Supplementary Information PDF Full

Quota Formula Review - Data Update and Further Considerations - Supplementary Information

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Publisher : International Monetary Fund
Release Date :
ISBN : 1498340318
Pages : 18 pages
Rating : 4.8/5 (34 Download)

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Download Free Quota Formula Review - Data Update and Further Considerations - Supplementary Information PDF by International Monetary Fund. Finance Dept. Full Book and published by International Monetary Fund. This book was released on 2012-06-29 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Annex presents additional staff work on financial interconnectedness. The analysis examines a possible methodology for constructing indicators of financial interconnectedness and related data issues. In addition, it presents some illustrative simulation results.This annex focuses on financial interconnectedness that takes into account the pattern and size of cross-border financial linkages and potentially provides a more comprehensive picture of a country’s international financial integration

Download Further Thoughts on a New Quota Formula, and Statistical Appendices I and II PDF Full

Further Thoughts on a New Quota Formula, and Statistical Appendices I and II

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Publisher : International Monetary Fund
Release Date :
ISBN : 149833198X
Pages : 68 pages
Rating : 4.8/5 (331 Download)

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Download Free Further Thoughts on a New Quota Formula, and Statistical Appendices I and II PDF by Inter-Secretariat Working Group on National Accounts Full Book and published by International Monetary Fund. This book was released on 2006-11-22 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Board of Governors in a Resolution adopted on September 18 requested that the Executive Board reach agreement on a new quota formula, starting discussions soon after the Annual Meetings in Singapore. According to the Resolution, this work should be completed by the Annual Meetings in 2007, and no later than the IMFC Meeting in the Spring of 2008. The Resolution states that the new formula should provide a simpler and more transparent means of capturing members’ relative positions in the world economy. This new formula would provide the basis for a second round of ad hoc quota increases, as part of the program of quota and voice reform to be completed by the Annual Meetings in 2007, and no later than by the Annual Meetings of 2008. This paper explores key issues related to a new quota formula as background for an informal Board seminar. This seminar is the first opportunity for the Board to discuss the new formula since the adoption of the Resolution. The paper first reviews the broad considerations and principles that should guide the design of a new quota formula, taking as a starting point the roles of quotas in the Fund. The paper also considers more specific issues in that light, such as the selection of variables and possible functional forms for the new formula. In examining these issues, the paper draws on the extensive discussion of the quota formulas in recent years, taking up questions raised both within the Board and in other fora.

Download Quota Formula Review - Further Considerations PDF Full

Quota Formula Review - Further Considerations

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Publisher : International Monetary Fund
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ISBN : 1498339646
Pages : 32 pages
Rating : 4.8/5 (339 Download)

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Download Free Quota Formula Review - Further Considerations PDF by International Monetary Fund. Finance Dept. Full Book and published by International Monetary Fund. This book was released on 2012-08-11 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Executive Board has held three formal meetings on the quota formula review, and discussions have also taken place in other fora including the IMFC Deputies work stream and the G-20 IFA Working Group. Considerable progress has been made in terms of identifying areas of common ground as well as those areas where views differ. At their most recent meeting in late September, Directors reaffirmed their commitment to completing the review by January 2013, and stressed that achieving this goal will require constructive engagement and a spirit of flexibility and compromise from all sides. At its subsequent meeting in Tokyo, the IMFC called on the membership to develop the consensus needed through further engagement of the Executive Board, with input from the IMFC Deputies, to complete the review by January 2013.

Download Quota Distribution - Selected Issues PDF Full

Quota Distribution - Selected Issues

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Publisher : International Monetary Fund
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ISBN : 1498329276
Pages : 36 pages
Rating : 4.8/5 (329 Download)

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Download Free Quota Distribution - Selected Issues PDF by International Monetary Fund. Finance Dept. Full Book and published by International Monetary Fund. This book was released on 2003-07-17 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download Quotas and Voice - Further Considerations PDF Full

Quotas and Voice - Further Considerations

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Publisher : International Monetary Fund
Release Date :
ISBN : 1498331130
Pages : 54 pages
Rating : 4.8/5 (331 Download)

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Download Free Quotas and Voice - Further Considerations PDF by International Monetary Fund. Finance Dept. Full Book and published by International Monetary Fund. This book was released on 2005-02-09 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper takes stock of the progress made in quota discussions to date, and examines options for adjustments in quotas or voting power outside of a general quota increase. Section II reviews the status of recent quota discussions, while Section III presents the results of updating the data through 2003. Section IV discusses the options for addressing the distribution of quotas and voting power outside of a general increase in quotas. Section V concludes and poses some issues for discussion.