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  After all, Strauss-Kahn named to head IMF
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Source: IFIs Latin American Monitor
Fri Sep 28 2007

Mr. Dominique Strauss-Kahn was finally named by consensus to head IMF on Friday 28th. DSK won before Josef Tosovsky, promoted by Russia, and will take office November 1st. By that time the Frenchman was in Chile, working to increase the official support to his candidature. At the last minute Brazil, Argentina and Chile gave DSK their official support.

The decision to wait the final announcement in a Latinamerican country intented to be a simbolic message to those awaiting for such a long time the promissed reforms.

According to IMF's website, after the announcement "...Strauss-Kahn said he was determined to start without delay the reforms that the IMF needs in order to put financial stability at the service of the people through promotion of growth and employment". European countries that initially promoted DSK's candidature also want him to return the gesture. However, it will be very difficult to be in good terms with both positions at the same time.

Related Information:

* Frenchman is named new IMF chief, by BBC

* No surprise: Strauss-Kahn takes the helm of the IMF, by Bank Informaton Center

* New IMF boss inherits crises of legitimacy, relevance, by IPS

* IMF coverage

* DSK's visit to Argentina, by IFIs Latin American Monitor

* DSK blog

For the whole story of IMF selection process check the special IFIwatchnet blog

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