IMF says successor should be from outside US, Europe
Friday, 3 December 2010
NEW DELHI, Dec 2 (AFP): The tradition that an American heads the World Bank and a European leads the International Monetary Fund should end as the global economy has been transformed, the head of IMF said Thursday.
Dominique Strauss-Kahn, speaking in New Delhi, said that both his successor at the IMF and the next head of the World Bank after Robert Zoellick should be from emerging or developing nations.
"The so-called agreement between the US and Europe whereby the IMF head was European and World Bank president was an American is over," said Strauss-Khan, a French man who took over the IMF role in 2007.
"So I think it would be just fair that the next leaders of the two institutions will come from somewhere else in the world," he told reporters after holding talks with Indian Finance Minister Pranab Mukherjee.
Dominique Strauss-Kahn, speaking in New Delhi, said that both his successor at the IMF and the next head of the World Bank after Robert Zoellick should be from emerging or developing nations.
"The so-called agreement between the US and Europe whereby the IMF head was European and World Bank president was an American is over," said Strauss-Khan, a French man who took over the IMF role in 2007.
"So I think it would be just fair that the next leaders of the two institutions will come from somewhere else in the world," he told reporters after holding talks with Indian Finance Minister Pranab Mukherjee.