New post (185) : Control freakdom.
1. The head of the IMF has always been an European and the World Bank presidency has always been held by an American.
That unwritten agreement between Europe and the United States, is now being aggressively challenged by fast-growing emerging market economies that have been shut out of the process.
2. Neither institution has ever been headed by a woman.
It may well be that for the first time ever both the institutions will be headed by women. A French woman at the helm of the IMF and an American woman at the helm of the World bank---is a possibility. Waiting to happen.
Well......(at least).......its a start in the right direction. Towards opening up to the democratic value of equal opportunity.
Charlie Brown
