Is East Asia under-represented in the International Monetary Fund?
David P. Rapkina and Jonathan R. Strandb aDepartment of Political Science, University of Nebraska, Lincoln, NE 68588-0328, USA. Email: drapkin{at}unlserve.unl.edu’ + u + ‘@’ + d + ”//–> bDepartment of Political Science, University of Nevada, Las Vegas, Las Vegas, NV 89154-5029, USA. Email: strand{at}unlv.edu’ + u + ‘@’ + d + ”//–> Abstract East Asian countries perceive that their individual and collective positions in the world political economy are not fairly represented in existing international institutions, which have yet to fully adjust to the region’s rapid economic ascent over the last several decades. This problem seems especially acute in the International Monetary Fund (IMF), wherein each country’s participation in the organization’s weighted voting scheme is supposed to reflect the following logic: relative weight in world economy size of quotas number of votes. Are Asian countries’ IMF quotas incommensurate with their relative economic weight and, if so, by what margin?
