List of Contributors; Foreword; 1. Introduction; 2. The Bretton Woods Institutions: Governance without Legitimacy?; 3. Reforming the International Monetary Fund: Towards Enhanced Accountability and Legitimacy; 4. Improving IMF Governance and Increasing the Influence of Developing Countries in IMF Decision-Making; 5. Issues on IMF Governance and Represenation: An Evaluation of Alternative Options; 6. Making the IMF and the World Bank More Accountable; 7. Purchasing Power Parities and Comparisons of GDP in IMF Quota Calculations; 8. Measuring Vulnerability: Capital Flows Volatility in the Quota Formula; 9. Enhancing the Voice of Developing Countries in The World Bank: Selective Double Majority Voting and a Pilot Phase Approach; 10. Voting Power Implications of a Double Majority Voting Procedure in the IMF's Executive Board; 11. Power versus Weight in IMF Governance: The Possible Beneficial Implications of a United European Bloc Vote; 12. Changing IMF Quotas: The Role of the United States Congress

'This book deserves wide attention. I hope it inspires thoughtful debate - not just among international financial insiders in the world's capitals, but on Capitol Hill and Wall Street and their European counterparts, and in the university and business school classrooms of China, India, South Africa, Brazil and beyond.' —Nancy Birdsall, President of the Center for Global Development, Washington, D.C.