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Not America's call ...

IMF boss Georgieva risks losing her job over China bias claims. Here's what you need to know | CNBC |

Debate Looms Over I.M.F.: Should It Do More Than Put Out Fires? | NY Times |

The debate about the role of the I.M.F. was bubbling before the appointment of Ms. Georgieva, who this month started the third year of her five-year term. But she has embraced an expanded role for the agency. A Bulgarian economist and the first from an emerging economy to head the fund, she stepped up her predecessors' attention to the widening inequality and made climate change a priority, calling for an end to all fossil fuel subsidies, for a tax on carbon and for significant investment in green technology.

She has argued that however efficient and rational the market is, governments must step in to fix built-in flaws that could lead to environmental devastation and grossly inequitable opportunity. Sustainable debt replaced austerity as the catchword.

by Oui on Tue Oct 12th, 2021 at 11:30:01 AM EST

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