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The author-a top decision maker at the IMF for two decades-first focuses on the system of quotas and voting power in the IMF and concludes that it calls for reforms to enhance equity among the membership. He then examines decision making in the Executive Board, with an emphasis on consensus...
Persistent link: https://www.econbiz.de/10014403196
On May 21, 2008, the Executive Board discussed the report of the Independent Evaluation Office (IEO) on 'Aspects of IMF Corporate Governance - Including the Role of the Executive Board'. The Joint Statement issued by the Executive Board and the Managing Director following the Board discussion...
Persistent link: https://www.econbiz.de/10014410186
This paper reviews progress under the Fund's strengthened cooperative strategy on overdue financial obligations. Since the last review, total arrears to the Fund declined by SDR 17.5 million to SDR 1,309.5 million. Payments to the Fund by Sudan and Zimbabwe were in excess of new obligations...
Persistent link: https://www.econbiz.de/10014410203
Experience shows that there is often ample room for more effective and efficient use of investment tax incentives in low-income countries. Tax incentives generally rank low in investment climate surveys in low-income countries, and there are many examples in which they are reported to be...
Persistent link: https://www.econbiz.de/10012644784
The central government publishes comprehensive financial statements, which include the social security funds and balance sheets with all financial assets and liabilities. Audited financial statements are published more than nine months after the end of the fiscal year. The 2004 Fiscal...
Persistent link: https://www.econbiz.de/10014410660
. Articles also look at the expansion of world trade, explore the impact of globalization on jobs, taxation, and the poor, a …Assiduously tracking the trends and consequences of globalization, the IMF's quarterly magazine Finance & Development … focuses on financial globalization, including the policy implications of the huge growth in cross-border capital flows …
Persistent link: https://www.econbiz.de/10012673982
This 2002 Annual Report describes world economic and financial developments in FY2002. During FY2002, the IMF faced … important new challenges in an unusually unsettled world environment. After a period of strong expansion, the global economy …
Persistent link: https://www.econbiz.de/10014400257
the financial year (May 1, 1999 through April 30, 2000), as well as developments in the world economy. The Annual Report … in its support for the reform efforts of the poorest countries - ingreater collaboration with the World Bank. Appendixes …
Persistent link: https://www.econbiz.de/10014402528
This 2004 Annual Report highlights that during FY2004, the IMF continued to work with its member countries to foster sustained growth and financial stability—and reduce poverty in its low-income members—through its surveillance activities and policy advice; lending in support of stabilization...
Persistent link: https://www.econbiz.de/10014402786
Board proposed improvements to assessment exercises under the IMF’s standards and codes initiative and the joint IMF-World …
Persistent link: https://www.econbiz.de/10014402787