Share

The new director of the IMF must be chosen through a "democratic consultation". Word from Beijing

The Chinese government has once again taken a stand on the question of the succession to Dominique Strauss-Kahn and has done so by throwing overboard decades of mistrust towards the "Western values" of democracy. And India meanwhile is thinking of a South African candidate to represent the BRICS.

The new director of the IMF must be chosen through a "democratic consultation". Word from Beijing

The new director of the International Monetary Fund will have to be chosen through "democratic consultation". This is what the Chinese government hopes for, which rediscovers itself as unusually politically correct in the race to succeed Dominique Strauss-Kahn.
No official position has therefore been taken regarding the two candidates currently in play, the French Finance Minister Christine Lagarde and the governor of the Central Bank of Mexico Agustìn Carstens. Sources in the Indian government have revealed that the BRICS are considering the possibility of presenting a common candidate, perhaps the former South African finance minister Trevor Manuel.
Precisely for this reason, the Asian country is reportedly stalling and pushing for a democratic election, perhaps with the (fundamental) support of the USA, which would prefer a non-European candidate to lead the Fund.

comments