Heading for the right choice? A professional approach to selecting the IMF boss
May 16, 2011 3 Comments
An April report from 21 civil society organisations calls for the reform of the process for selecting the International Monetary Fund’s managing director. The paper asks for an end to the ‘gentlemen’s agreement’ that gives the US the choice of the World Bank head and European governments that of the IMF. Wishing to see instead a transparent, fair, merit-based process focussed on selecting the best candidate available; whilst ensuring the legitimacy gained from the backing of a majority of countries as well as IMF voting shares.
Read the full report here