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Abstract

This Article contends that the current system of weighted voting is essential for the efficient operation of the IMF and the World Bank. Part I briefly reviews the historical background of the IMF and the World Bank. Part II analyzes the IMF's and the World Bank's weighted voting systems. Part III discusses the weighted voting systems of regional banks. Part IV discusses other international organizations with weighted voting. Part V examines international organizations that have equal voting systems. Part VI analyzes the changes and challenges to the weighted voting system in the IMF and the World Bank.

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