Economia
Under a gentleman's agreement dating back to World War II, a European has run the IMF and an American has led the World Bank, its sister organization. That relationship could pressure the United States to support Lagarde or another European candidate.
And while developing nations say they want an open process, they have yet to rally around their own candidate. The board is facing pressure to name a replacement quickly.
"It's pretty clear that Europe is unifying behind its candidate," said Eswar Prasad, a professor at Cornell University and former IMF official. "There's no similar movement among the emerging markets."
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Economia
Por que o novo chefe do FMI vai ser novamente um europeu
US balks at backing European candidate for IMF
US refrains from supporting Europe's push to lead the IMF; calls for prompt, open succession
Together, the U.S. and Europe control more than 50 percent of the votes on the IMF's board. A simple majority is all that is required to select the group's leader.Under a gentleman's agreement dating back to World War II, a European has run the IMF and an American has led the World Bank, its sister organization. That relationship could pressure the United States to support Lagarde or another European candidate.
And while developing nations say they want an open process, they have yet to rally around their own candidate. The board is facing pressure to name a replacement quickly.
"It's pretty clear that Europe is unifying behind its candidate," said Eswar Prasad, a professor at Cornell University and former IMF official. "There's no similar movement among the emerging markets."
Leia mais
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- Profético
Q: Thank you very much. Before we sign off, could I just take the opportunity to ask you what you think the prospects are for the attempts in Europe to create a common currency area? Are you optimistic about their success? A: I think it's a big gamble...
- Perspectivas Da Economia Mundial Para 2012
The Continental Economics Institute Currency Review World Economic Outlook 2012 The year 2011 will be remembered as the year of the European sovereign crisis. This crisis is not yet over. On the contrary: The risk for 2012 is that the...
- Os Brics E O Fmi
The Economist nota falta de concórdia: why aren’t BRIC governments rallying behind a candidate of their own? The question is misguided. The BRIC acronym is now used so widely it is easy to forget it was coined to describe economies with similar structural...
- Nova Chefia Do Fmi - Brasil (segredamente) Em Favor Da Francesa E Contra O Mexicano?
Brazil Government Said to Privately Support Lagarde as Next IMF Director By Arnaldo GalvaoBrazil will privately support French Finance Minister Christine Lagarde’s candidacy to run the International Monetary Fund, a Brazilian government...
- A Falta Que Boa Liderança Faz
Do Jeffrey Sachs, no Financial Times: "The last missing piece for any recovery, however, is clarity of purpose from the political class. In Europe, a coherent response led by the European Union has been sidelined to policymaking by national governments...