IMF succession process “secretive and undemocratic”
News||15 April 2000|update 16|
More than 120 NGOs and academics in 38 countries demanded an end to the secretive and undemocratic process for appointing the IMF Managing Director. In a letter to governors on the International Monetary and Finance Committee they called for a transparent process and for the new head to be sympathetic to and understanding of the needs of developing countries. Elements of a transparent process should include:
They also called for greater Board transparency, including recorded and published vote taking and transparent agenda setting and reporting processes.
For full letter email firstname.lastname@example.org.
This text may be freely used providing the source is credited.
Published: 15 April 2000 , last edited: 8 February 2010
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