Tuesday 31 May 2011

IMF Grand Prix: Can BRICS break boss tradition?




May 30, 2011
The race to run the International Monetary Fund is not so much about who, but where the candidate comes from. Europe traditionally decides who gets the post - and the EU is already pushing its preferred choice, making it hard for others to get a look in. But the five leading emerging economies say it's time someone else had a go. Irina Galushko reports on how the BRICS countries of Brazil, Russia, India, China and South Africa are refusing to take 'no' for an answer.

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