An elected IMF Board?

From the G20 Seoul Summit Declaration:

“The reforms are an important step toward a more legitimate, credible and effective IMF, by ensuring that quotas and Executive Board composition are more reflective of new global economic realities…  [T]he reforms include:
  • Moving to an all-elected Board, along with a commitment by the IMF’s membership to maintain the Board size at 24 chairs, and following the completion of the 14th General Review, a review of the Board’s composition every eight years.”
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    What processes might the IMF membership put into place for electing the Board?

     

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    About Tony Fleming

    Tony is a communications and advocacy professional with over 15 years experience in United Nations reform advocacy. He began blogging about multilateral elections in 2006 at UNSG.org. He and his wife currently live in Panajachel, Guatemala. Find him on Facebook and Twitter.