From the article:
She takes over the reins as the IMF faces a cocktail of challenges both immediate and further out on the horizon. The short-term risks lie in the IMF’s role as lender of last resort amid the current turbulence in the global economy, the threat of a trade war and the recent valuations on capital markets.
“The single most important thing facing the IMF in the next few years is going to be to help the leading economies of the world manage what is almost certainly going to be a slowdown — maybe even a recession,” says Masood Ahmed, a former director of the IMF’s Middle East and Central Asia Department who now heads up the Centre for Global Development (CGD) thinktank.
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Ahmed says Georgieva will need to play the same role her predecessor Strauss-Kahn did ahead of the 2010 G20 summit (before his fall from grace) by holding the ring for the major economies to come up with a crisis-control strategy.
“There are going to be a whole range of ideas, some good, some bad, some crazy,” he says. “The IMF should be the place where these ideas are all brought together and discussed and from which national leaders can draw knowledge, experience and comfort about how they should deal with what is going to be a little bit of uncharted territory.”
