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来源类型Policy Brief
规范类型简报
来源IDPolicy Brief19-5
Survival of the International Monetary Fund and Global Economic Cooperation
Edwin M. Truman
发表日期2019-04-08
出版年2019
语种英语
摘要

The International Monetary Fund (IMF)—a quota-based institution—faces a test of its survival as the linchpin of the global financial safety net. Its roughly $1.4 trillion in total financial resources is scheduled to begin to shrink in 2020. In 2015, IMF members committed to strengthening IMF financial resources in the 15th General Review of Quotas, which will end in December 2019. Over the past 25 years, the United States has led the way for a gradual redistribution of IMF quota shares toward faster-growing emerging-market and developing countries. Any significant redistribution of quota shares requires an increase in total quotas. Because of its share of votes in the IMF, the United States must agree to any change in quotas. The Trump administration, however, has signaled that it favors no such change. If the United States does not reverse its stance, IMF members will lose an opportunity to strengthen the institution at a time of global financial uncertainty. Truman says the United States could still change its position and recommends how other member countries should press it to do so.

主题United States ; International Monetary Fund ; Politics ; Governance
URLhttps://www.piie.com/publications/policy-briefs/survival-international-monetary-fund-and-global-economic-cooperation
来源智库Peterson Institute for International Economics (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/454953
推荐引用方式
GB/T 7714
Edwin M. Truman. Survival of the International Monetary Fund and Global Economic Cooperation. 2019.
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