Financing the Fund and Reforming Quotas

Graham Bird

Chapter 8 in International Financial Policy and Economic Development, 1987, pp 150-188 from Palgrave Macmillan

Abstract: 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.

Keywords: Fund Resource; Payment Deficit; Fund Finance; Actual Quota; Extended Fund Facility (search for similar items in EconPapers)
Date: 1987
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DOI: 10.1007/978-1-349-08579-8_8

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