IMF and Monetary Reforms I

Bessma Momani, Stefano Pagliari, Farid Boussaid, and Laura Innis
Middle Eastern Perspectives
Monday, July 21, 2008

Up to now, the debate about International Monetary Fund (IMF) reform has been shaped largely by conversations among policy makers and scholars from countries of the Organisation for Economic Co-operation and Development (OECD). To remedy this imbalance, The Centre for International Governance Innovation (CIGI) sponsored a regional workshop in Amman, Jordan, on March 10, 2008, at which representatives from Middle Eastern countries debated their needs and priorities for future services from the IMF. In addition to four other meetings that covered Asia, Central Asia, Africa and Latin America, the meeting in Jordan provided an opportunity to articulate a Middle Eastern perspective on the future global systemic needs that a reformed IMF should be prepared to address.

Bessma Momani is a CIGI senior fellow and associate professor at the University of Waterloo. Her research focuses on emerging economies in the Middle East.