More nods in Lagarde’s direction – the persistance of Brown? – and the need for an apolitical leader
May 20, 2011 1 Comment
John Lipsky, interim MD of the Fund, is selectively quoted by the BBC as offering Christine Lagarde as “an excellent choice” for the job. They fished true, but he did his best to dodge the bait. It’s not that he didn’t say that but as one would expect, he chose his words carefully – “I have the very highest regard for Ms Lagarde and I’m sure like many other candidates she would be an excellent choice”.
There line being spun is that the right choice of IMF head is crucial for the future of Europe. Here our some thoughts on why the voice of other regions, namely Africa, should not be drowned out.
He also gave some insight into the process, stating that the executive board would meet this week to establish and agree on the process and mechanism – if he wants reminding of how this might look he’d do well to look here (skip to point 5).