1. Lagarde to Become Managing Director and Chairman of the IMF
Christine Lagarde, the finance minister of France, is set to begin her five-year term as the International Monetary Fund's managing director and chairman next month after defeating Mexican Central Bank chief Agustin Carstens. Lagarde was backed by the ... change. They argued that the IMF should consider candidates from rising economic powers in Asia and South Africa (Rooney). "I will make it my overriding goal that our institution continues to serve its entire membership with the same focus and the same spirit," said Lagarde (Rooney). The fund was originally established in 1947 to aid failin...
- Word Count: 519
- Approx Pages: 2
- Has Bibliography
- Grade Level: Undergraduate