ABSTRACT
This chapter examines an empirical case in order to analyze the relationship between burden-sharing and power-sharing. It explores the role of International Monetary Fund (IMF) quota increases in the context of an international liberal economic order. Under US leadership, several international financial organizations in addition to the IMF and the International Bank for Reconstruction and Development were established to help finance developing countries. The IMF has played a more positive role in extending balance of payments assistance to developing countries since the oil shocks. In response to US pressures, Japan increased aid rapidly in the 1970s. The IMF changed greatly in form and function during the 1970s and 1980s. Japan and West Germany insisted that a few special adjustments should be made for those members whose quotas were seriously out of line with their relative positions in the world economy.
