TY - BOOK ID - 84656755 TI - Studies of IMF Governance : A Compendium AU - Lamdany, Ruben. AU - Martinez-Diaz, Leonardo. PY - 2009 SN - 1462316883 1451993579 1589068637 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Banks and Banking KW - Macroeconomics KW - Money and Monetary Policy KW - Public Finance KW - Corporate Governance KW - Budgeting KW - Foreign Exchange KW - Finance: General KW - Public Administration KW - Public Sector Accounting and Audits KW - Auditing KW - Monetary Systems KW - Standards KW - Regimes KW - Government and the Monetary System KW - Payment Systems KW - Corporate Finance and Governance: Government Policy and Regulation KW - Labor Economics: General KW - National Budget KW - Budget Systems KW - Management accounting & bookkeeping KW - Monetary economics KW - Corporate governance KW - role & responsibilities of boards & directors KW - Labour KW - income economics KW - Banking KW - Budgeting & financial management KW - Finance KW - International monetary system KW - External audit KW - Labor KW - Public financial management (PFM) KW - Money KW - Economic sectors KW - Financial audit KW - International finance KW - Labor economics KW - Banks and banking KW - Auditing, Internal KW - Budget KW - United States KW - Income economics KW - Role & responsibilities of boards & directors UR - https://www.unicat.be/uniCat?func=search&query=sysid:84656755 AB - The papers in this volume draw on background work done in preparation for the study Governance of the IMF: An Evaluation, Independent Evaluation Office, International Monetary Fund, May 28, 2008 (available at http://www.ieo-imf.org). This compilation presents in one collection the most recent work to date on the subject of governance of the IMF and contributes to the ongoing dialogue on how best to strengthen the governance of this important global institution. Good governance can contribute to the IMF’s legitimacy by ensuring appropriate voice and representation for the membership, by allowing the Fund to fulfill its mandates effectively and efficiently, and by facilitating accountability for relevant stakeholders. Three main conclusions follow from the studies in this volume. First, to strengthen its legitimacy and effectiveness, the Fund needs greater, higher level and more transparent involvement of member country authorities in its governance. Second, the Board needs to play a stronger role in strategy development and oversight, which requires a shift away from the day-to-day business of the organization. Finally, there are significant accountability gaps that need to be addressed if the IMF is to remain effective and regain legitimacy. ER -