A small committee has been set up to investigate whether to reform the IMF‘s formula for allocating votes between countries on its Board. The quota formula includes items which are subjective and are biased against developing countries which want to see more weight given to national income and population. The committee will report to the Board this summer.
Report finds Development Finance Institutions (DFIs) are not doing enough to eliminate the risk of public money being complicit in tax avoidance schemes.
BWP publishes new booklet on gender-just macroeconomics, a guide to engaging the IMF and World Bank.
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