The Adjustment of Quotas in the IMF: A failure in drafting or an abuse of power?
作者: Amir Hossein Tayyebi Fard Dr. Mahmood Bagheri
刊名: Academia Arena, 2017, Vol.9 (10)
来源数据库: Marsland Press
DOI: 10.7537/marsaaj091017.04
关键词: International Monetary FundQuotaBretton WoodsSDRQuotas general reviewAbuse of power
原始语种摘要: The International Monetary Fund (IMF or Fund) has been a subject to a variety of criticisms in the recent decades. One of these disapprovals concerns the management of the IMF. This paper analyzes the vulnerability of IMF in its management appointing and quotas adjusting fields. According to IMF Articles of Agreement (AoA), the normative determinant of members’ quotas is their economic size. The remarkable coincidence of the process of determining the initial quotas of original members of the Fund with the necessity of acquiring the required quorum in its management level to adjust quotas could be the Achilles’ heel of the IMF and a source of vicious circle which leads to malfunctioning and criticism of IMF. It follows that some of the original members who have hold veto right by getting...
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关键词翻译
关键词翻译
  • IMF 货币基金组织
  • management 管理
  • drafting 制图
  • economic 经济的
  • members 
  • abuse 滥用
  • power 功率
  • general 普遍的
  • quorum 法定人数
  • review 复审