IMF succession process “secretive and undemocratic”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 awood@brettonwoodsproject.org. This text may be freely used providing the source is credited. This page is: <http://brettonwoodsproject.org/art.shtml?x=15657> Published: 15 April 2000 , last edited: 12 August 2003 Viewings since posted: 1919 |
Articles: 2337 Special coverage of Bretton Woods II, updated daily with the latest news and analysis: www.brettonwoodsproject.org/BW2/ Newswire |
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