Ideas to Action:

Independent research for global prosperity

Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

Picking a New IMF Chief: Place Your Bets!

The great thing about opinion polls in a democracy is that they tell you both who should become, for example, President of the United States, and who likely will become President. "Is" and "ought" are conveniently aligned when the majority rules. The IMF is not a democracy, and the majority of the world's population has historically had no real say in choosing the Managing Director; since 1946 all ten IMF chiefs have hailed from Europe.