New Resources for an Unreformed IMF? Kunibert Raffer

More voice and representation of the South within the IMF is necessary and fair. However, as the paper argues, any “reform” remains meaningless as long as the IMF is allowed to continue to breach its own statutes and to inflict heavy damages on its Southern members and clients with impunity, financial and institutional gain. Thus while a shift of voting in the IMF is doubtlessly a well justified demand, making the IMF obey its statutory obligations to safeguard rights of Southern Countries is much more important.

unreformed_imf (Download the full text in PDF format)