Why does the IMF impose conditionality on countries that accept its loans?
What is the purpose of the loans made by the World Bank?
What are the obligations that countries consent to when they join the International Monetary Fund?
On joining the IMF, each member country contributes a certain sum of money, called a quota subscription, which is based on the country’s wealth and economic performance. Members’ voting power is related directly to the amount of money they contribute to the institution through their quotas.