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Monday, May 16, 2011

The IMF needs another European head

The IMF needs another European head This is not the most fashionable argument one could make so soon after the events in New York at the weekend. But let me say it flat out: I believe the case for a European successor to Dominique Strauss-Kahn is overwhelming.

To be clear: I am not supporting the principle that the managing director of the International Monetary Fund should, by default, be a European. On the contrary, I believe the job should always go the most capable candidate. I just believe that considering the IMF’s current priorities, one should not be so quick to rule out a European candidate at this point.
http://link.ft.com/r/XYEWFF/GK43GX/QFRUDM/9Z62CH/FX7J7B/JY/h?a1=2011&a2=5&a3=16

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