New IFC head will lead implementation of IFC 3.0.
IFC and CAO will undergo changes in leadership at a pivotal time for both institutions, with merit-based selection of new leaders essential.
Analysis of the IMFC communiqué, issues on 15 October, from the 2020 World Bank and IMF virtual Annual Meetings.
Carmen Reinhart, co-author of influential 2010 pro-austerity paper, named to key post.
Philippe Le Houérou will depart 1 October, after joining IFC in 2015.
World Bank chief economist departs as key role is “eroded”, while IMF’s Georgieva makes series of high-level appointments.
This Inside the Institutions looks at decision-making and governance structures at the IMF and World Bank.
The present IMF leadership 'contest' makes a mockery of the institution's multilateral character and further diminishes its legitimacy.
Lagarde resignation kicks-off another leadership race overshadowed by gentleman’s agreement.
At 75, the World Bank and IMF face a crisis of multilateralism in no small part of their own making as failed economic policies have resulted in skepticism of the international order they helped to create.