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CONTENTS List of Contributors xi Foreword xv 1. Introduction 1 2. The Bretton Woods Institutions: Governance without Legitimacy? 7 Ariel Buira 3. Reforming the International Monetary Fund: Towards Enhanced Accountability and Legitimacy 45 Vijay L. Kelkar, Praveen K. Chaudhry, Marta Vanduzer-Snow and V. Bhaskar 4. Improving IMF Governance and Increasing the Influence of Developing Countries in IMF Decision-Making 75 Murilo Portugal 5. Issues on IMF Governance and Representation: An Evaluation of Alternative Options 107 Guillermo Le Fort V 6. Making the IMF and the World Bank More Accountable 149 Ngaire Woods 7. Purchasing Power Parities and Comparisons of GDP in IMF Quota Calculations 171 John B. McLenaghan 8. Measuring Vulnerability: Capital Flows Volatility in the Quota Formula 195 Laura dos Reis 9. Enhancing the Voice of Developing Countries in The World Bank: Selective Double Majority Voting and a Pilot Phase Approach 213 Cord Jakobeit 10. Voting Power Implications of a Double Majority Voting Procedure in the IMF¿s Executive Board 235 Jonathan R. Strand and David P. Rapkin 11. Power versus Weight in IMF Governance: The Possible Beneficial Implications of a United European Bloc Vote 251 Dennis Leech and Robert Leech 12. Changing IMF Quotas: The Role of the United States Congress 283 J. Lawrence Broz
Library of Congress Subject Headings for this publication:
International Monetary Fund -- Management -- Evaluation.
World Bank -- Management -- Evaluation.
Developing countries -- Economic policy.