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- W2037583855 abstract "This paper explores the voting power of hypothetical regional voting blocs in the Executive Board of the International Monetary Fund. We first discuss the prospect of regionally defined groups becoming more significant in the Fund’s decision-making process. After briefly outlining the IMF’s formal decision procedures, including its weighted voting system, use of special majorities, and the function of voting groups in the Fund’s Executive Board we define three indices of a priori voting power — the Banzhaf, Johnston, and Shapley-Shubik indices — which are then applied to existing voting groups. Following this we simulate several regionally defined a priori coalitions and their potential to influence outcomes in passing resolutions in the Fund using a simple majority. The coalitions we specify are based on the assumption that members of the IMF will form into voting blocs based on regionally-defined preferences. The procedures employed use existing voting weights to project the relative strengths of altern..." @default.
- W2037583855 created "2016-06-24" @default.
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- W2037583855 date "2005-01-01" @default.
- W2037583855 modified "2023-09-25" @default.
- W2037583855 title "Regionalizing Multilateralism: Estimating the Power of Potential Regional Voting Blocs in the IMF" @default.
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- W2037583855 doi "https://doi.org/10.1080/03050620590919399" @default.
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