Fifteenth General Review of Quotas— Additional Considerations and Data Update

The paper recaps the findings of previous staff work on the adequacy of Fund resources and tests the robustness of the earlier analysis.

Volume/Issue: Volume 2021 Issue 010

Publication date: March 2021

ISBN: 9781513571317

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Topics covered in this book

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Banks and Banking , Exports and Imports , Finance , Money and Monetary Policy , Business and Economics - Statistics , International - Economics , data update , quota share , GDP blend , quota formula reform , quota resource , Purchasing power parity , Capital flows , Capital account , Balance of payments statistics , Reserve assets , Africa , Global , Middle East , Western Hemisphere

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Summary

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.