One of the questions that is being asked in regard to the working through of the governance at the IMF itself relates to the capacity that might exist for like-minded countries, such as poorer countries, to operate with a collective voice. That would have been of enormous benefit. It is easy for a strong country to enter the discourse, supported as it is by its shareholding and also by the respect it commands. In the case of other countries which are representing people at different levels of development and different exposures in regard to trade, their power is in their capacity to build a collective representation. One could therefore make a governance proposal to look into the requirements of different forms of majority rather than a simple majority. However, I do not see any proposal coming from Ireland in regard to that.

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