See, for example, IMF, Quotas Updated Calculations , 27 August 2004, and IMF, Report of the Executive Board to the International Monetary and Finance Committee (IMFC) on Quotas, Voice, and Representation , 24 September 2004.

Given this, the IMF could easily have rejected the renminbi s bid for inclusion in the SDR basket, as it did five years ago. But the IMF seemed eager (especially in the last few months) to bring China on board this time around.

Strengthening IMF Surveillance

The New IMF

The Next IMF

Model on the IMF.

Don t Fear the IMF

Banking on the IMF

Set the IMF Free

IMF International Monetary Fund

International Monetary Fund (IMF)

How the IMF Failed Greece

An IMF We Can Love?

High Noon at the IMF

Who Should Lead the IMF?

6 Washington, D.C., IMF, 1993.

E. Brau et al., Officially Supported Export Credits Developments and Prospects, IMF, 1995 IMF, World Economic and Financial Surveys, 1995.

And last year, according to the IMF, China overtook the United States to become the world s largest economy (in purchasing power parity terms). The acknowledgement by the IMF board, which represents all 188 of the Fund s member countries, that the renminbi meets all existing criteria for inclusion in the SDR basket is another step forward along this path of progress.

Keep the IMF Out of Europe

Super Sizing the IMF is Wrong

The IMF as Global Financial Anchor

It's the IMF Sovereign Bankruptcy Plan, OK?

Can Asia Free Itself from the IMF?

The IMF Is Bleeding Argentina to Death

Will the IMF Stand Up to Europe?

Second, the IMF s permanent Executive Board, established in an era when travel was costly and communications difficult, and consisting of mid level government functionaries, should be abolished. Important decisions should be vetted by the IMFC and others delegated to IMF management.

This requisite independence of the IMF staff can be achieved by stipulating that the Board oversees only the work of the Fund s analytical functions and, more importantly, that its composition and decision making mode are overhauled in the following ways

When the G 20 leaders meet in London, they should consider giving the IMF the independence it needs to become an effective guardian of global financial stability. Putting independent experts on this Board will be a key step in that direction.

The Real Route to Democracy at the IMF

The cost of fully covering IMF debt stock relief, without undermining the Fund's financing capacity, should be met by the use of existing IMF resources.

IMF provides some post conflict emergency assistance to countries that are not yet ready to implement the economic policies under the IMF traditional lending facilities.

11 There has been a proposal to use the IMF gold reserve to finance IMF debt relief, but this was not considered by the G 8.

Marriage Counseling for the G 20 and the IMF

(b) International Monetary Fund (IMF) and third world development

Making the IMF and World Bank Work for the Poor

The IMF ruled out any new loans to that country.

4 See IMF HIPC Status of Implementation Report, August 2004.

14 IMF HIPC Status of Implementation, August 2004, pp. 69 70.

Sources Bank of the Republic of Haiti and IMF staff projections.

reports that the IMF was named as a defendant in a lawsuit commenced by a trade union organization in Romania which complained that the IMF imposed economic policies that impoverished Romanians .

I ran to my computer to send it to the IMF official.

Two Wrongs Don t Make a Right at the IMF and World Bank

5 IMF Lao People's Democratic Republic, Country Report 05 9, January 2005.

12 IMF Heavily Indebted Poor Countries (HIPC) Initiative Statistical Update, April 2005.

Source Various IMF reports, World Bank development indicators and other financial sources.