Key Features for Governance Reform of the IMF

Member nations of the International Monetary Fund and World Bank committed themselves at their annual meetings in September 2006 to major reforms in the governance structures of those institutions. Ongoing international negotiations are now grappling with how to fulfill that commitment. As part of Brookings studies of global governance issues, Ralph Bryant has identified alternative options and developed a compromise package of reforms that could garner support among all types and sizes of nations. He provided background analysis and a summary of the proposed reforms in a presentation to the Executive Board of the IMF.