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Independent research & practical ideas for global prosperity
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Independent research & practical ideas for global prosperity
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Global Prosperity Wonkcast
Posts Tagged: IMFA Global Consensus on Reforming IMF Leadership Selection—David WheelerOctober 18, 2011Posted by Lawrence MacDonald in IMF, International Financial Institutions Tags: IMF, International Financial Institutions
My guest on this Wonkcast is David Wheeler, who led the survey and a similar survey on the process for selecting the president of the World Bank when Paul Wolfowitz resigned from that post in 2007. The big take away (summarized in CGD working papers here and here): Regardless of nationality, a huge majority of respondents agree on the need to reform the leadership selection processes for the two Bretton Woods institutions. Podcast: Play in new window | Download Comment »A Moveable Feast of Meetings—Owen BarderSeptember 27, 2011Posted by Lawrence MacDonald in G-20, IMF, World Bank Tags: G-20, IMF, UNGA, World Bank
In this week’s Wonkcast, Owen Barder, CGD senior fellow, director of our European program, and host of the podcast Development Drums, updates us on the state of the development debate in these global gatherings. I also invite him to reflect on whether such confabs, including the last week’s UN General Assembly in New York and November’s upcoming High Level Forum on Aid Effectiveness in Busan, South Korea, ultimately make any difference. His conclusion can be summed up simply: “can’t live with em, can’t live without em.” Read More… Podcast: Play in new window | Download 1 Comment »IMF Leadership Struggle and CGD Survey Results: Nancy BirdsallMay 31, 2011Posted by Lawrence MacDonald in International Financial Institutions Tags: Agustin Carstins, Christine Legarde, Dominique Strauss-Kahn, IMF, Kemal Dervis, Nancy Birdsall
The sudden resignation of Dominique Strauss-Kahn has sparked a global debate over the selection of the next head of the International Monetary Fund. French finance minister Christine Legarde, Europe’s nominee, has launched a round-the-world tour to promote her candidacy. Meanwhile, Agustin Carstins, the governor of the Bank of Mexico and the lone challenger so far to Europe’s renewed claim to lead the IMF, is seeking backing from European debtor nations and others by calling for greater flexibility in IMF bailout programs. Against this background, CGD is pushing ahead with a survey on the selection process, qualifications and candidates for the IMF top job. I asked CGD president Nancy Birdsall, who has been arguing for a more open, merit-based selection process without regard for nationality, to join me on the show to share her views on the IMF leadership selection battle and the initial results from our survey. Podcast: Play in new window | Download 2 Comments »
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When Dominique Straus-Kahn resigned suddenly as head of the International Monetary Fund last May, the world was thrown unexpectedly into search for his successor. Within days, CGD launched a survey of the global development community opinion on three issues: the selection process, criteria for rating the candidates, and ratings for 15 candidates identified in international media.
Last week finance ministers and central bankers from around the globe convened in Washington for the annual meetings of the international Monetary Fund and World Bank. While the press and many of the meeting participants focused on the unfolding European financial crisis, below the radar there was plenty of discussion on development issues, including on the legacy of the Seoul Development Consensus and the role of development in the upcoming G-20 Summit in France.
