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Quota in sentence

144 examples of Quota in a sentence

By any measure of economic importance, China and other major emerging economies have long since merited much larger IMF quota shares, implying greater financial contributions and greater voting weights.
Despite European reluctance to cede ground, US President Barack Obama succeeded in brokering such a reallocation of IMF quota shares at the G-20 summit in Seoul in November 2010.
Five years later, the US Congress is still holding up IMF quota reform – not because it would imply any loss of power or cost to US taxpayers, but because many members do not want to give Obama anything he asks for.
If the Congress does not pass the IMF quota reform, the US can hardly blame the Chinese for undertaking initiatives such as the AIIB on their own.
Kagame then suggested giving every country an annual per capita quota for CO2 emissions, and allowing developing countries that are below the quota to trade their excess quota with countries that are above theirs.
That means that countries must deliver on their commitment to increase IMF resources by more than $430 billion, and that the Fund’s quota and governance structure must reflect the ongoing global shifts in economic influence.
Though the G-20 countries agreed in 2010 to increase China’s IMF quota from 3.65% to 6.19% – a small step in the right direction – the US Congress has refused to ratify the agreement, preventing the reforms from being implemented.
In 1958, the government of President Fulgencio Batista borrowed a small amount from the IMF: $12.5 million, equivalent to 25% of Cuba’s quota.
In any case, a quota is too blunt a measure by which to characterize a country’s absorptive capacity.
In order to curb this trend, policymakers have reverted to the quota as a macroeconomic tool, but this time for housing credit.
The alternative to this price-oriented approach – continued dependence on the quota system – would incur considerable administrative expenses, efficiency losses, and social costs stemming from rent-seeking and corruption.
Much like the quota system of 30 years ago, the current reliance on quotas is unsustainable in the long term.
But it could also exceed its export quota if its government paid the partner government a fine equal to the value of the excess exports, either collecting the necessary sum from its export producers or using its currency reserves.
As soon as Cuba files an application, the IMF will send a technical mission to gather the necessary data and prepare a paper describing the economy and recommending a quota of voting rights and contributions.
Determining Cuba’s quota is the crux of the accession process, and the country will need to choose an executive director to represent its interests during that discussion.
This committee will use the background paper prepared by the IMF to determine Cuba’s initial quota, as well as the other terms and conditions of membership.
Europe, in particular, can demonstrate its commitment to mitigating climate change and promoting economic development in Africa by filling its 1% quota of credits from reforestation projects.
First, the US Congress, as part of the government’s recent budget deal, refused to authorize an increase in America’s quota subscription to the International Monetary Fund.
If US policymakers are worried about these issues, their only option is to agree to quota increases for the IMF, thereby allowing responsibility for international financial stability to migrate back to where it belongs: the hands of a legitimate international organization.
In the financial and economic arena, this new multipolarity has already led to quota reforms at the International Monetary Fund and resulted in the consolidation of the G-20 as the premier venue for multilateral economic-policy coordination.
The rapid growth of China, India, and other emerging countries should come with increased influence, to be implemented through the planned quota increase in 2011.
Instead, bureaucrats and politicians prefer a quota system, whereby bureaucrats, not the market, select who immigrates.
When the purchases began, rates did continue to fall for a few weeks, so much so that many were concerned that there would not be enough German bonds to meet the ECB’s country-debt quota (determined according to eurozone member states’ GDP and population).
This March, amid the latest financial twists and turns, a significant achievement in this regard went largely unnoticed: an agreement by the executive board of the International Monetary Fund on a new quota formula and increases in quotas for under-represented members, particularly emerging-market and developing countries.
Korea’s quota share, for example, will increase by 106%, and that of China and Turkey will double.
Second, the quota deal is just the beginning, for it recognizes that countries’ representation will need to adjust to changes in the global economy further down the road.
Several developed countries, including Germany, Ireland, Italy, Japan, Luxembourg, and the United States agreed to forego part of the quota increase for which they were eligible.
Of course, it is easy to imagine a quota reform that would lead to more ambitious results, but it would be difficult to have it approved.
The meeting of G-20 finance ministers and central bankers in the South Korean city of Kyeongju on October 22 produced some noteworthy achievements, such as shifting 6% of the IMF’s voting quota from overrepresented Europe to underrepresented emerging countries, doubling members’ quotas, and reducing Europe’s representation on the Fund’s executive board by two seats.
Then they agreed in Seoul in 2010 to give emerging-market countries quota shares in the International Monetary Fund that would be more commensurate with their economic weight.
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