Saturday, July 2, 2011

The New Director Of The IMF: Beware Of Any Risk Of

Although known for friendly, Christine Lagarde known not off guard. He Christine meticulous Lagard (AP Photo/Michel Euler)

VIVAnews -Finance Minister, Christine Lagarde, France was chosen as the new Executive Director of the IMF on Tuesday, June 28, 2011. He also made history as the first woman to hold the prestigious post.

Drammatica given the politicians to Lagarde, France's Parliament building on Wednesday, June 29, 2011. Receive a greeting from his colleagues, who stood up while clapping, Lagarde was smiling. Start 5 July 2011, he moved to Washington, DC Office. to lead the IMF, which is the leading international institution known creditors.

Although known for friendly, Lagarde was known as the officials are not off guard. He is very meticulous in detail matters.

"I have always been very cautious and continue to give attention to the risk of the unknown, because I believe that the risk will come from a place that nobody suspected," said Lagarde a time when its U.S. news interview, PBS stations, in July last year. Apparently, that's what became one of the preeminent value for Lagarde to lead the IMF.

As reported by the news agency Associated Press, Lagarde will be the eleventh European people who lead the IMF. The period of his rule for five years will begin next week.

An awful lot of challenges will be faced by one of the most respected politician in France. In addition to the monetary crisis should prevent Greece extends to other European countries, he still had to face pressure from developing countries who want a bigger position at the IMF.

Lagarde is also expected to restore the image of the institution that had its name due to the manner of his predecessor of China, Dominique Strauss-Khan. Economists who later became politicians that France resigned as Executive Director of the IMF in mid-May, because of the center of the case were tried for rape and sexual assault.

Tough

Assigning a new IMF leader Lagarde as not merely the origin selected. Women aged 55 years was seen as a great female figures in the middle of the dominance of men who are able to embrace the United States, Russia, China and European countries as the most important parties in the IMF.

"Formidable woman is Lagarde, convincing, and reliable which has a very good international image. English is also very good, "said Dominique Moisi, analyst from the Institute of International Relations of France, as quoted from Lagarde page news station VOA News.

Lagarde does not upscale Economist as its predecessor, Strauss-Khan. However, according to analysts the Institute of France, Philippe Moreau Deferges, "Lagarde has all the capabilities required. He was surrounded by a lot of people who would help him carry out the task. "

Still according to Moreau, he believes politicians from the country having the cock will be listening to the voice of developing countries.

Lagarde was formerly served as Minister of agriculture and fisheries, as well as Secretary of Commerce under President Dominique de Villepin. He was the first woman to serve as Minister of Economic Affairs in the Executive Group of the G8, as well as to the international law firm Baker McKenzie &.

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