The main goal is to demonstrate how G-7 countries control IMF's bureaucracy hiring process. We also discuss the political implications of such hiring process to the debate on IMF's reforms. We claim that such process bias IMF bureaucracy towards G-7 preferences, especially the USA, due to rules that favor only a limited group of grad school of economics at the hiring process. The political consequences of such rules is that reforming the IMF, from a developing country perspective, cannot be focused only on quota reforms. The hiring process should also be changed favoring economists coming from a more broad range of schools, especially from developing countries.
International Monetary Fund; international organizations; international bureaucracies; principal-agent theory; g-7
