In the guessing game as to who will replace Michel Camdessus at the IMF little credence has been given to Joseph Stiglitz, who recently resigned his post as the World Bank’s chief economist. Perhaps because of his criticisms of the IMF he is thought to be unsuitable.
That shouldn’t be so. The best person to reform an institution – and most people think the IMF has to adapt to a new era – is its sternest critic.
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