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Kristalina Georgieva is the sole contender to be the IMF’s next boss (The Economist)

September 12, 2019

From the article:

"Kristalina Georgieva has been mentioned in connection with every leadership role going at international organisations, from secretary-general of the un to the head of the European Commission. Were the presidency of the World Bank decided on merit alone, with no consideration of nationality, Ms Georgieva, its chief executive, might have been a shoo-in. She briefly stood in as president after Jim Yong Kim resigned in January, but in April the job went to David Malpass, an American.

…Her good relations with large shareholders, including America and China, should prove an asset to the IMF, which risks being caught in the middle of the very trade and currency wars it was set up to avert. It may also have to advise governments on coping with a global economic slowdown. Although she has less macroeconomic expertise than some other early contenders, such as Mark Carney, the governor of the Bank of England, former colleagues point out that she was active in assessing countries’ fiscal positions while in Brussels, and helped beef up the European Union’s bail-out mechanism. As an academic she wrote textbooks that are still used by undergraduates in Bulgaria. Her expertise in environmental economics is likely to come in handy, too. Masood Ahmed of the Centre for Global Development, a think-tank, reckons the fund will have to grapple with the impact of climate change on macroeconomic and financial stability…"

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