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Global Insider: IMF Constituency Changes Don’t Go Far Enough

Global Insider: IMF Constituency Changes Don’t Go Far Enough

In a reshuffling of the constituencies that elect board members at the International Monetary Fund, Colombia has left a group led by Brazil for one led by Mexico, while Western European countries opted to give more say to smaller European economies. In an email interview, Edwin M. Truman, senior fellow at the Peterson Institute for International Economics, discussed the changes in IMF constituencies.

WPR: What prompted the reshuffling of voting groups at the IMF?

Edwin M. Truman: The reshuffling of voting groups, or constituencies, on the 24-seat IMF executive board was prompted by two developments.

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