Keyword: Christine Lagarde

Even with a Woman at the Helm, are there Alternatives to the Tyranny of the IMF?

Picture: World Economic Forum Liepollo Pheko - The race which decided who would be heading up the International Monetary Fund (IMF) is finally over. Yesterday, France’s finance minister, Christine Lagarde, who beat Mexico’s Agustín Carstens to the post, was announced as the new managing director of the international financial institution. You will likely recall that our very own Trevor Manuel dropped out of the race at an early stage, recognising perhaps that he was no match for the determined Europeans’...

France BRICS up Emerging Economies

Picture: Adam Tinworth M K Bhadrakumar - Former United States secretary of state Henry Kissinger once complained that Europe didn't have a single telephone number. He didn't know who to turn to as the authentic voice of Europe. The same can be said today about BRICS, the grouping that has come to personify the best and the brightest emerging powers in the global order. BRICS comprises Brazil, Russia, India, China and South Africa.  Dominique Strauss-Kahn's summary exit from his job as the managing director of the...