That’s a horse of a different color…All the emerging markets carping about wanting to head the IMF don’t have much of a claim on the top-spot since they don’t pay that much into the fund or haven’t paid in much for long.
Japan is a different case, and PM Kan says Europe should not have an automatic claim on the job..
They are the second largest contributor to the IMF.
Just crossing the Reuters wire, France’s Lagarde is said to announce her candidacy tomorrow after reaching a consensus among the EU members. Her job just got a bit tougher…
