What Is Aluminum Oxide Primer

Those who want to replace Strauss-Kahn at the IMF

The arrest on Saturday of the managing director of the International Monetary Fund (IMF), Dominique Strauss-Kahn, who is charged with seven counts of sexual abuse and attempted rape against an employee of a hotel New York, has opened the race to find a successor. Even if Strauss-Kahn is cleared of the charges against him, many experts say that his image has been badly damaged to continue to lead the IMF. So it is expected to surrender himself.

option 'number two' of the IMF, John Lipsky, is ruled out According to analysts polled by Reuters are emerging economies, hoping that one of its members get the top job in the body. Thus, it is expected that a representative of Asia or Latin America to achieve the position of developing countries have "more influence on the global economy" against the major powers. Hence, China will have much to say.

However, from Europe suggests that the debt problems of emerging countries should make the French substitute Strauss-Kahn will remain European. Keep in mind that there is an unwritten pact between the U.S. and Europe, according to which the IMF is always directed by a European while the World Bank takes an American.

the option for 'number two' of the International Monetary Fund, John Lipsky, deal with IMF management also seems remote, since he has already said he will leave office in August, when his term ends.

Possible substitutes

So who happen to Strauss-Kahn? They sound different names. Including French Economy Minister Christine Lagarde, Minister of Economy of Singapore, Tharman Shanmugaratnam, the former Minister of Economy of Turkey, Kemal Dervis, and the former Minister of Finance South Africa, Trevor Manuel.

Reuters also draws Montek Singh Ahluwalia (IMF former official and adviser to the Indian government), Agustín Carstens (governor of the Bank of Mexico), Gordon Brown (former British Prime Minister), Stanley Fischer (Governor of the Bank of Israel ), Peer Steinbrueck (German Finance Minister), the Egyptian Mohamed El-Erian (chief executive of the largest investment fund in bonds of the world, PIMCO) and Axel Weber (President of the German Central Bank).

Source