ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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IMF Reforms 2010: Do They Mirror Global Economic Realities?

The 2010 round of quota reforms at the International Monetary Fund did not adequately reflect the emerging global economic realities and this must be regarded as a missed opportunity to redress the gross imbalance that has prevailed for several decades. Several "positive" aspects of the reforms have been given high publicity, but they need to be assessed analytically. This paper addresses issues of governance reform at the IMF in the context of the emerging macroeconomic configurations.

Arvind Virmani, Michael Debabrata Patra

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