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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am at the IMF. If the US withdraws Japan will become the largest shareholder (absent e realignment) and that is where the institution is supposed to move based on the Artlcles of Agreement. There is some nervous laughter about the institution about the evaluation of US participation in all IOs but so far my impression is that people believe that Trump won’t go as far as to withdraw from the Bretton Woods institutions, but who knows. Implications for US staff are not clear. I am not sure the Articles cover that. But the institution would very likely have to size down without the US and that will affect hiring. I would expect the same decision for WB and IMF. Not clear why Trump would withdraw from one and not from the other. It would definitely be interesting if US withdrew and the impact on the DC economy and real estate would be significant if both institutions had to move at short notice. [/quote] But the US isn't scheduled to make a quota increase to the IMF this year. So there is no funding spigot to turn off at the IMF.[/quote] Wouldn’t their quota need to be repaid if they withdraw though? [/quote] The wealthier countries have lent lots of money to Agentina, Ecuador, Egypt etc. For the US to be made whole all these loans would have to be called in and their economies would collapse.[/quote]
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