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Quotas—Updated Calculations and Quota Variables, Statistical Appendix, and The Acting

Chair’s Summing Up of the Board Meeting

August 27, 2009

IMF document cited in this report are available at www.imf.org

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INTERNATIONAL MONETARY FUND

Quotas—Updated Calculations and Quota Variables

Prepared by the Finance Department

In consultation with the Statistics and other departments

Approved by Andrew Tweedie

August 27, 2009

Contents

  • I. Introduction

  • II. Updated Quota Calculations

    • A. The Data Set

    • B. Updated Quota Calculations

  • III. Stocktaking of Issues with Formula Variables

    • A. Trade Openness

    • B. Intra-Currency Union Flows

    • C. Financial Openness

    • D. Variability

  • IV. Illustrative Simulations

  • V. Conclusions and Issues for Discussion

  • Tables

  • 1. Evolution of Quota Shares by Major Country Groups

  • 2. Distribution of Quotas and Updated Quota Variables

  • 3. Distribution of Quotas and Calculated Quotas

  • 4. Top 10 Positive and Negative Changes in Calculated Quota Shares

  • 5. Intra Currency Union Trade—Calculated Quotas Shares

  • 6. Measures of Financial Openness.

  • 7. Alternative Measures of Variability—Shares of Variable

  • 8. Alternative Measures of Variability—Shares of Variable

  • 9. Illustrative Quota Simulations

  • Appendix

  • I. Selection of the Database, Derivation of Quota Variables, and Other Issues

Front Matter Page

INTERNATIONAL MONETARY FUND

Quotas – Updated Calculations and Quota Variables Statistical Appendix

Prepared by the Finance Department

In consultation with the Statistics and other departments

Approved by Andrew Tweedie

August 27, 2009

Contents

  • Tables

  • A1. Distribution of Quotas and Updated Quota Variables—By Member (In SDR millions)

  • A2. Distribution of Quotas and Updated Quota Variables—By Member (in percent)

  • A3. Distribution of Quotas and Calculated Quotas—By Member (in percent)

  • A4. Out-of-Lineness—By Member

  • A5. Intra Currency Union Trade—Calculated Quota Shares—By Member

  • A6. Measures of Financial Openness—By Member (In SDR millions)

  • A7. Measures of Financial Openness—By Member (in percent)

  • A8. Alternative Measures of Variability—Shares of Variable—By Member

  • A9. Alternative Measures of Variability—Shares of Variable—By Member

  • A10. Illustrative Quota Simulations—By Member

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