When the time Robert Kahn got into the sexual scandal,who will taking over the position of International Monetary Fund becomes a hot issue. The IMF chief’s race also mandated circulated gunsmoke standing for the IMF. Because Chief Executive Mr Lipsky, 64 years old, close to the IMF chief candidate’s age limit, which must not exceed 65,this cap causes a international competition,which also offers the space for rivaling the President.
Angela Merkel, German Chancellor, cast the first comment that she hopes the next IMF chief still be a European; France may back up the Finnce Minister Gardner; the former British prime minister, Gordon Brown also believe that he is a powerful rival; while the United States wait for the cat to jump, seeking to maximize its interests in the upheavals.
According to an unwritten practice, the IMF chief always seems to be Euramerican, which featured howls of a protest. While with the growing propotion of the emerging market countries in the global economy, people holds that the IMF chief seats by the European and American countries throughout the time is unfair. It was obviously divided, as Brazilian finance minister Mantega said, the international monetary fund and the world bank leaders “shall, in accordance with a publicly and based on the process of ability to choose, not the nationality.”
The international public opinion thinks that Europ should leave the IMF chief spot to emerging countries, such as India, Turkey, South Africa, Mexico and other personnel. The American Associated Press mentioned in a report that Kahn’s special counsel Zhu Min(column) that he may also serve as the IMF chief.
As an international experienced scholar, a special adviser to the IMF chief, Zhu Min once successively served as the bank of China, the deputy central bank governor, studied and worked in the United States for many years. Moreover, he has worked at the world bank for six years, which brings him rich international financial work experience, temperament and western international finanial rules and communication ways. Besides, Zhu engaged in economic and financial theory research and he has the rich financial practice and management experience, familiars with macroeconomic management, financial market, financial supervision.
When the time Strauss Kahn appointing Zhu Min, he said,” the appointment of Zhu Min for this fund will also bring rich government and financial sector experience… and more widely to strengthen the knowledgement to Asian and the emerging markets.”
Someone analysis points that if we add more Chinese in the IMF’s top management, the current inperfection of the IMF will be remedied. It will also further enhance the attention of harmony between developing countries and developd countries, the trade and economic relations of Europe might also be good.
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