02096cas a2200241 a 4500 AALejournalIMF019652 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498333443 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Quota and Voice Reform : Stocktaking and Further Considerations, Statistical Appendices I and II, Statement by the Managing Director, and Summing Up of the Board Meeting. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (121 pages) Policy Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students At its Spring Meeting, the IMFC reiterated the importance of implementing the program of quota and voice reforms in line with the timetable set out by the Board of Governors in Singapore. The Committee welcomed the initial informal Board discussions on a new quota formula and stressed the importance of agreeing on a new formula, which should be simple and transparent and should capture members' relative positions in the world economy. It noted that this reform would result in higher shares for dynamic economies, many of which are emerging market economies, whose weight and role in the global economy have increased. The Committee also stressed the importance of enhancing the voice and participation of low-income countries, a key issue for which is an increase in basic votes, at a minimum preserving the voting share of low-income countries. The Committee called on the Executive Board to continue its work on the reform package as a matter of priority. Mode of access: Internet Policy Papers; Policy Paper ; No. 2007/047 Full text available on IMF http://elibrary.imf.org/view/journals/007/2007/047/007.2007.issue-047-en.xml IMF e-Library