INTRODUCTION Founded 53 years ago in the turbulent era of the 1940s to stabilise the world economy, the International Monetary Fund (IMF) has become outdated, ineffective, and unnecessary. Most of the economic conditions that led to the IMF's creation no longer exist; in addition, the Fund has failed to achieve most of its own newly defined roles, a preponderance of which merely duplicate the functions of other existing agencies and organisations. When the IMF was founded, …
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showed last 75 words of 7356 total
…lt;Tab/>33.6 Seventh General<Tab/>December 1978<Tab/>50.9 Eighth General<Tab/>March 1983<Tab/>47.5 Ninth General<Tab/>June 1990<Tab/>50.0 Tenth General<Tab/>No increase proposed<Tab/>-- Eleventh General<Tab/>January 1998<Tab/>45.0 APPENDIX 2 APPENDIX 3 APPENDIX 4