Like Dominique Strauss-Kahn, leading candidate for the IMF directorship Christine Lagarde has skeletons in her closet.
Europeans Must Pay to Head IMF
The probability that the next IMF managing director will be yet another European provides an unpleasant lesson about the current state of international affairs. The leading emerging market and developing countries may have gained greater access to the key global economic governance policy-making forums, but they do not yet have the organization or the economic power to prevent the G7 from enforcing their will on international economic matters of most interest to them.
NGOs Call for IMF Head to Be Chosen by Double Majority
While, in theory, voting shares are supposed to reflect each country’s relative weight in the global economy, political factors – notably Europe’s resistance to giving up its power on both boards – have resulted in over-representation by Western economies, which consequently dominate policy making in both agencies.
60-Second Expert: DSK
The arrest of Dominique Strauss-Kahn, the head of the International Monetary Fund (IMF), who has been charged with rape and forced imprisonment of a 32-year-old Guinean hotel worker at a $3,000-a-night luxury hotel in New York, can be seen through the feminist lens of the “personal is political.” As his personal case is being investigated, it is important to point out that the disrespect for women demonstrated by the man at the highest levels of leadership within the IMF is quite consistent with the gender bias inherent in the IMF’s institutional policies and practice.
Don’t Just Indict “DSK,” Charge the IMF Too
Dominique Strauss-Kahn’s alleged sex attack on an African immigrant is a harrowing metaphor for how the International Monetary Fund treats the rest of the world.
The IMF: Violating Women since 1945
For many in the developing world, the IMF and its draconian policies of structural adjustment have systematically “raped” the earth and the poor and violated the human rights of women. It appears that the personal disregard and disrespect for women demonstrated by the man at the highest levels of leadership within the IMF is quite consistent with the gender bias inherent in the IMF’s institutional policies and practice.
Change and No Change at IMF
In contrast to the circus atmosphere that surrounded the World Bank presidency, a surprise handover of the reins at the International Monetary Fund (IMF) should prove to be a quiet affair. It will be conducted mostly out of the media spotlight and by the prevailing tradition, meaning that another European male will govern an institution that because of its checkered past is facing serious questions about its future. If the United States and Europe continue to throw away chances for reform, the IMF will become even more marginalized.