Blog: Will Gordon Brown get IMF top job?

clock

With embattled Dominique Strauss-Kahn resigning from the IMF amid rape allegations a vacancy has arisen for the top spot.

The vacancy comes at a critical juncture for Europe as Greece struggles to keep afloat and the single currency faces a fight for credibility. Strong stewardship is required more than ever. The question of who should replace Strauss-Kahn has triggered a debate over whether Europe should continue its historic leadership of the fund or pass it to someone from the emerging economies to better reflect modern economic realities. German Chancellor Angela Merkel has signalled her preference for a European appointment. A European successor carries the advantage of providing a sense of continui...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

What two pizzas tell us about Bitcoin

What two pizzas tell us about Bitcoin

Laszlo Hanyecz really needed a slice...

Laith Khalaf
clock 19 December 2024 • 6 min read
Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting

Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting

Bank of England MPC meeting due on Thursday

Sorin Dojan
clock 18 December 2024 • 3 min read
Trump, tariffs and why UK companies can still appeal

Trump, tariffs and why UK companies can still appeal

Is a trade war inevitable?

Sheldon MacDonald
clock 11 December 2024 • 4 min read