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Closing the deal: IMF reform in 2007

Briefing/policy papers

This paper looks at IMF governance reform, finding that time is running short to finish a deal. In particular, it finds that differences remain amongst key players on the governance reform package; the window of opportunity is narrow and closing fast, and 2008 presents new challenges. It argues that the risk of economic downturn in OECD countries will reduce actors' incentive to undertake reforms.

Lauren Phillips