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Dialogue 11/07/05 IMF welcomes new head

07-05-2011 20:43 BJT

Despite the widespread call from emerging economies for their candidate to head the International Monetary Fund (IMF), the IMF board announced it has named French Finance Minister Christine Lagarde to the position. This keeps the international lender in the hands of a European at a time of growing concern over a possible Greek debt default. Emerging economies, which have contributed most to the global economic growth in the past years, have voiced their outcry for reforming the IMF and the World Bank, which have been respectively led by Europeans and Americans since their inception.

Dialogue 11/07/05 IMF welcome new head

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Host: Tian Wei

Tian Wei

Studio Guests:

Professor Michael Pettis, Guanghua School of Management, Peking University

Xi Shitao, Director of the Global Forcasting China of the Economist Intelligence

Online Guest:

Professor M.D. Nalapat, Manipal University



Editor:James |Source: CNTV

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