Reforming IMF and World Bank governance: in search of Simplicity, Transparency and Democratic Legitimacy in the voting rules. Dennis Leech Warwick University and VPP, LSE and Robert Leech, Imperial College LSE November 20th 2008. Outline. Voting rules in the IMF Voting power
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Warwick University and VPP, LSE
Robert Leech, Imperial College
LSE November 20th 2008
“… the reforms will realign quota and voting shares to member countries' weight and position in the global economy and enhance significantly the voice and participation of emerging markets in low income countries.” (IMF senior official)
The square root rule