Wednesday, July 6, 2011

IMF- Lagarde

Christine Lagarde is the first woman to lead the IMF. 
Lagarde is under pressure to address the institution's reputation as a melting pot of international elites - one that was known for male-dominated clubbiness well before the scandal.
Lagarde says she will push to make the institution's staff more diverse and to increase the voice of developing countries on the IMF's board. She said she will continue reforms begun last year that increase the voting power of countries such as China and Brazil.
"The value of diversity is top on my list of priorities," Lagarde said on Wednesday in her first news conference since assuming the top job. "It's not just gender diversity. It's about culture. It's about academic background."

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