Simon Johnson: Explaining France's Determination To Run The IMF
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New York Times:
Just a few years ago, euro-zone countries were at the forefront of those saying that the International Monetary Fund had lost its relevance and should be downsized. French authorities regarded the I.M.F. as so marginal that President Nicolas Sarkozy was happy to put forward the name of a potential rival, Dominique Strauss-Kahn, as a candidate for its managing director, in fall 2007.
Read the whole story: New York Times
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First Posted: 06/ 3/11 03:38 PM ET Updated: 06/ 3/11 03:38 PM ET