1. Governance of Financial Institutions
... sought to create a voting mechanism for international organizations that recognized the greater power and contribution of the larger members but preserved some influence for the smaller ones. (O'Neill and Peleg, 1) Two tallies are made using this method: the number of supporting members and the sum of their "weights. " In the case of the IMF, the first tally would simply count each country's vote and the second tally would factor in each country's weight, based ... on its financial contribution to the IMF, or quota. Under this new system, a motion or vote could only pass if it attained ...
- Word Count: 731
- Approx Pages: 3
- Has Bibliography
- Grade Level: Undergraduate