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Fund And Games: Loosening Europe's Grip On The Imf, Susan Engel

Faculty of Law, Humanities and the Arts - Papers (Archive)

Speculation last week that Paul Keating and Peter Costello could nominate for the top job at the International Monetary Fund (IMF) was a mere distraction, but the hoopla did manage to highlight a crucial issue: the need for reform at the top of the world’s economic institutions.

Since Dominique Strauss-Kahn’s dramatic exit from his post as IMF managing director earlier this month, much of the debate around his replacement has focused the need for a non-European to take the reins.

French Finance Minister Christine Lagarde has emerged as the frontrunner, despite a significant – and warranted – push from the …