| Publisher | Springer Science+Business Media | ||
|---|---|---|---|
| Format | 170.8KB PDF | Date added | 11 Jul 2002 |
| Topics | Financial Management | ||
| Downloads | 4 | ||
In general in an organisation 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 analysing this difference. This paper uses new algorithms for computing power indices for large games. The paper examines how the rules of the IMF and their implementation affect the voting power of its member countries and its capacity to make decisions, and makes recommendations for changes.
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