22 October 2015
Is the IMF Overstretched?
The Annual Meetings of the World Bank Group and International Monetary Fund (IMF) in Lima, Peru have now concluded. This year’s meetings saw debates on the normalisation of US monetary policy, China’s new growth model, emerging market vulnerabilities and the post-2015 development agenda. There is still no obvious solution to a major thorn in the IMF’s side — the failure to implement long-awaited quota and governance reforms, which would give a greater voice to developing nations.