Lagarde pledges in Brazil to give emerging economies more clout in the IMF

Tuesday, May 31st 2011 - 08:35 UTC

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French Finance Minister Christine Lagarde pledged to push reforms to give Brazil and other emerging economies more influence at the International Monetary Fund as she kicked off a worldwide tour to win support for her candidacy to lead the global lender. Read full article

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GeoffWard
I think it is important for the BRICS to get stuck in to the IMF arrangement, because it is not just them and the third world nations that will need big IMF support, it is the crippled developed nations also.

I guess the nouveau riche BRICS will have to be the nett donators to a *real mixed-bag* of needy nations - Argentina, the UK, Somalia, etc, etc.
May 31st, 2011 - 06:19 pm - Link - Report abuse 0
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