The capital subscription, expressed in Special Drawing Rights (SDRs), that each member must pay to the IMF on joining. Up to 25 per cent is payable in SDRs or other acceptable reverse assets and the remainder in the members own currency. Quotas, which reflect member’s relative size in the world economy, are normally reviewed every 5 years.
The World Bank’s recent gender equality approach constitutes an attempt at establishing a consensus over the regulation of the economy.
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