A Bigger, Bolder Role Is Imagined For the IMF

international | miscellaneous | other press Monday May 04, 2009 15:05 by Peter

Changes Suggest Shift in How Global Economy Is Run

"A Bigger, Bolder Role Is Imagined For the IMF
Changes Suggest Shift in How Global Economy Is Run"

"Inside a cavernous assembly hall in downtown Washington, dignitaries gather twice a year for routine meetings of the International Monetary Fund. Before long, though, the room could take center stage in the IMF's transformation into a veritable United Nations for the global economy"

Following is a extract from an interesting article about the IMF that was published on 20th April. Follow the link to read full article

"Surrounded by blond wood paneling and a digital screen the size of a cinema's, central bankers and finance ministers would meet to convene a financial security council of sorts. Serving almost as ambassadors to the IMF, they would debate ways to put out the world's economic fires and stifle reckless policies before they ignite new ones."

By Anthony Faiola
Washington Post Staff Writer
Monday, April 20, 2009