The International Monetary Fund recently took a step towards establishing a more open, merit-based approach to selecting a replacement to Rodrigo de Rato as its managing director, a position hitherto reserved for a European. The impact of the change has been negated, however, by some European countries’ eagerness to lobby aggressively for their candidate before the nomination period closes at the end of August.
As a result, notwithstanding Dominique Strauss-Kahn’s solid qualifications for the job, Europe’s replacement may face an issue of legitimacy even before he assumes the position.

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