Since the 1940s, an American has run the World Bank and a European has been managing director of the International Monetary Fund
Since the 1940s, an American has run the World Bank and a European has been managing director of the International Monetary Fund. This gentleman's agreement is now supposed to have ended and if Dominique-Strauss Kahn does leave the IMF, a number of non-Europeans are being touted for the job. Trevor Manuel, ex-finance minister of South Africa is mentioned, although India will make a strong case for S Sridhar, the head of the Central Bank of India who was being talked about at last week's IMF meeting in Washington. An alternative would be Montek Ahluwalia, deputy chairman of India's planning commission but knows the way the IMF works after being the first director of its Independent Evaluation Office.
Another contender would be Kemal Dervis, former head of the UN Development Programme, who as a Turk would garner support from the Europeans. Should the job again go to a European, the name of Christine Lagarde, the French finance minister will be floated, but of the 10 IMF bosses, four have already been French. Nobody from Italy or Britain has held the job, so Mario Draghi, governor of Italy's central bank, would be an strong bet unless he becomes the next president of the European Central Bank. If David Cameron really wanted to rile Gordon Brown, who had been regarded as a favourite, he might think about canvassing Peter Mandelson for the job.
Source: http://www.guardian.co.uk/business/2011/apr/19/imf-running
Nick Barmby Human rights Ann Widdecombe Road trips Tuition fees Boxing
No comments:
Post a Comment