Lombardi, Domenico.
The IMF has just elected the first woman to its managing directorship, and already Christine Lagarde’s new desk in Washington is piling up with folders eagerly awaiting her arrival.
First folder: the Greek crisis and the IMF’s role. In an attempt to fill the European institutional vacuum, under its previous leadership the IMF took unprecedented political and financial risks, which have now irreversibly tied the institution to the political and financial developments of the euro area, while narrowing its ability (and credibility) to leverage upon the Greeks and the European creditors to pursue a more effective approach.
Πηγή: Economists’ Forum