Proposals for voting reform within the International Monetary Fund

Article Abstract:

Voting privileges in the International Monetary Fund need to be redistributed. Under the current system the 135 members that are classified as developing countries control only 32% of the vote, while the United States and Japan hold 22% between themselves. Reforms should be made within the current framework of a general quota review if they are to be politically feasible. The goals of reform should include the expansion of voting power, a consideration of population size in determining voting privileges and a non-governmental observer to deter the exchange of votes for purely political purposes.

Laws, regulations and rules, International Monetary Fund, Development banks

---

Official export credits and development: international harmonisation as a challenge to NGO advocacy

Article Abstract:

Non-governmental organizations are expected to play a key role towards promotion of international harmonization in relation to the granting of export credits. Private development, environmental and consumer associations have the ability to serve as powerful mediums in bringing the issue of harmonization in international forum for speedy solution of inconsistency involving financing of development projects. Harmonization in export credits is also seen to result in the creation of certain minimum standards that will prevent destructive competition among countries.

Administration of General Economic Programs, Foreign Loans-Exports ex Agric, Economic aspects, Non-governmental organizations, Nongovernmental organizations, Export credit

---

Accountability in the World Trade Organization

Article Abstract:

The accountability of the World Trade Organization (WTO) to member countries is examined by studying its structure and its decision-making processes. WTO's main structure, the Ministerial Conference, arrives at a decision through consensus or through a majority vote. Rules on the composition of the Ministerial Conference has prevented non-government organizations from participating in WTO's deliberations.

International aspects, International trade, World Trade Organization, Powers and duties, Trade policy, Commercial policy

Similar abstracts:

• Abstracts: What is informal economy, anyway? Integrating the informal sector in the modernization process. Dead capital and the poor
• Abstracts: A vote for Perot was a vote for the status quo. Making monetary policy. Political guidance on monetary policy
• Abstracts: Pakistan in turmoil. Afghanistan: the last episode? The other war
• Abstracts: A peaceful transfer of power or not? Disturbing the peace: justice - a little dab will not do! Could President Clinton be just another jailkeeper?
• Abstracts: The Asian model is not dead, but evolving toward globalization. Time to get tough on trade

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.