02302cas a2200313 a 4500 AALejournalIMF020421 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498339902 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Quota Formula Review : Additional Considerations. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (24 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 In July, the Executive Board held its second formal discussion on the quota formula review. Directors agreed on the principles that should guide the review and the importance of meeting the January 2013 deadline, and there were indications of an emerging consensus in a few areas. However, views continued to diverge on several other key issues, and Directors stressed that completing the review will require a spirit of flexibility and compromise on all sides. This paper seeks to provide a basis for the next discussion, taking account of the views expressed in July. It begins by taking stock of the discussions to date. Based on this stock take, it seeks to highlight areas where a relatively broad consensus appears to be emerging. The paper also discusses possible options for addressing concerns raised about the openness variable and provides a range of simulations that seek to illustrate the effects of potential reforms to the formula. The simulations focus on those issues that have garnered the most attention in the discussions to date. Mode of access: Internet Emerging Market imf GDP Blend imf GDP imf Open Economy imf PP imf Hong Kong Special Administrative Region, People's Republic of China imf Policy Papers; Policy Paper ; No. 2012/020 Full text available on IMF http://elibrary.imf.org/view/journals/007/2012/020/007.2012.issue-020-en.xml IMF e-Library