Advanced Search
MyIDEAS: Login

Members' Voting Power in the Governance of the International Monetary Fund

Contents:

Author Info

  • Leech, D.

Abstract

In general in an organization whose system of governance involves weighted voting, a member's weight in terms of the number of votes and the formal power it represents differ. Power indices provide a means of analyzing this difference. The paper uses new algorithms for computing power indices for large games.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www2.warwick.ac.uk/fac/soc/economics/research/workingpapers/2008/twerp583a.pdf
Download Restriction: no

Bibliographic Info

Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 583.

as in new window
Length: 31 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:wrk:warwec:583

Contact details of provider:
Postal: CV4 7AL COVENTRY
Phone: +44 (0) 2476 523202
Fax: +44 (0) 2476 523032
Web page: http://www2.warwick.ac.uk/fac/soc/economics/
More information through EDIRC

Related research

Keywords: VOTING ; GAMES ; SHAREHOLDERS;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Laruelle, Annick & Widgren, Mika, 1996. "Is the allocation of voting power among EU states fair?," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1996022, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  2. Straffin, Philip Jr., 1994. "Power and stability in politics," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 2, chapter 32, pages 1127-1151 Elsevier.
  3. Leech, D., 1997. "Power Relations in the International Monetary Fund: A Study of the Political Economy of a Priori Voting Power Using the Theory of Simple Games," The Warwick Economics Research Paper Series (TWERPS) 494, University of Warwick, Department of Economics.
  4. Garrett, Geoffrey & Tsebelis, George, 1996. "An institutional critique of intergovernmentalism," International Organization, Cambridge University Press, vol. 50(02), pages 269-299, March.
  5. Kenen,Peter B., 2000. "The International Economy," Cambridge Books, Cambridge University Press, number 9780521644358, October.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Fuad Aleskerov, 2008. "Power distribution in the electoral body with an application to the Russian Parliament," ICER Working Papers - Applied Mathematics Series 11-2008, ICER - International Centre for Economic Research.
  2. Harrigan, Jane & Wang, Chengang & El-Said, Hamed, 2006. "The economic and political determinants of IMF and world bank lending in the Middle East and North Africa," World Development, Elsevier, vol. 34(2), pages 247-270, February.
  3. Michel Le Breton & Peter Sudhölter & Vera Zaporozhets, 2012. "Sequential legislative lobbying," Social Choice and Welfare, Springer, vol. 39(2), pages 491-520, July.
  4. Ansgar Belke & Barbara Styczynska, 2006. "The Allocation of Power in the Enlarged ECB Governing Council: An Assessment of the ECB Rotation Model," Journal of Common Market Studies, Wiley Blackwell, vol. 44, pages 865-897, December.
  5. Aleskerov, Fuad, 2009. "Power indices taking into account agents' preferences," The Warwick Economics Research Paper Series (TWERPS) 898, University of Warwick, Department of Economics.
  6. Ludovic Renou, 2011. "Group Formation and Governance," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 13(4), pages 595-630, 08.
  7. Abraham Diskin & Moshe Koppel, 2010. "Voting power: an information theory approach," Social Choice and Welfare, Springer, vol. 34(1), pages 105-119, January.
  8. Julien Reynaud & Fabien Lange & Lukasz Gatarek & Christian Thimann, 2007. "Proximity in coalition building," Working Paper Series 0808, Óbuda University, Keleti Faculty of Business and Management, revised Jul 2008.
  9. Pavel Doležel, 2011. "Optimizing the Efficiency of Weighted Voting Games," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 5(3), pages 306-323, November.
  10. Leech, Dennis, 2003. "The Utility of the Voting Power Approach," The Warwick Economics Research Paper Series (TWERPS) 678, University of Warwick, Department of Economics.
  11. Leech, Dennis, 2010. "Power Indices in Large Voting Bodies," The Warwick Economics Research Paper Series (TWERPS) 942, University of Warwick, Department of Economics.
  12. Dennis Leech, 2001. "Shareholder Voting Power and Corporate Governance: A Study of Large British Companies," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 27, pages 33-54.
  13. Leech, Dennis & Leech, Robert, 2009. "Reforming IMF and World Bank governance : in search of simplicity, transparency and democratic legitimacy in the voting rules," The Warwick Economics Research Paper Series (TWERPS) 914, University of Warwick, Department of Economics.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:wrk:warwec:583. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Helen Neal).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.