An elected IMF Board?

From the G20 Seoul Summit Declaration:

“The reforms are an important step toward a more legitimate, credible and effective IMF, by ensuring that quotas and Executive Board composition are more reflective of new global economic realities…  [T]he reforms include:
  • Moving to an all-elected Board, along with a commitment by the IMF’s membership to maintain the Board size at 24 chairs, and following the completion of the 14th General Review, a review of the Board’s composition every eight years.”

    What processes might the IMF membership put into place for electing the Board?


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    About Tony Fleming

    Tony is a communications and advocacy professional with over 20 years of experience in multilateral reform advocacy and online communications.