Choosing the IMF’s Next Leader - Column - magz.tempo.co

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Choosing the IMF’s Next Leader

Wednesday, June 22, 2011

. tempo : 173225375190.

Joseph E. Stiglitz

University Professor at Columbia University, a Nobel laureate in Economics, and the author of Freefall: Free Markets and the Sinking of the Global Economy

New York—Sooner than expected, the International Monetary Fund will have a new managing director. For more than a decade, I have criticized the Fund’s governance, symbolized by the way its leader is chosen. By gentlemen’s agreement among the majority shareholders—t

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