Officially candidate for his own succession to the head of the IMF, Christine Lagarde fought its way to the elite world leader guaranteeing weight support, retaining the image of a leader in thick shell
Business Lawyer in the United States, Minister of Economy in France under Nicolas Sarkozy. this girl teacher and mother of two son found his place in ten years in the high spheres of global power where women are few.
She distilled for several months the remarks on a possible candidacy for a second term as Director General of the institution.
It is from the World Economic Forum in Davos, which gather each year political leaders and heads of the largest companies in the world, she has publicly announced its intention to keep his job .
It’s far from his first challenge. Powered by July 2011 at the head of the IMF and its 188 member states, the former minister had patiently restore the prestige of an institution traumatized by the sensational resignation of Dominique Strauss-Kahn sex scandal in full.
With the most consensual face of a vegetarian woman, white hair, the sporty look, she also had to defend the IMF in Greece or Ukraine and did not hesitate to provide firm recommendations . the powerful American and European central banks
At just 60, she faces however a case that could thwart his plans: his dismissal in court in the case of arbitration Tapie-Crédit Lyon, dating back to when she was Minister for the Economy in France.
Ms Lagarde, who has appealed the decision, however, has always ensured the support of the Board IMF. And legal hassles have not prevented large countries like France, Britain, Germany or China to bring him their support
-. Straight Talk –
The United States occupy a special place in his career. There she went to study for a year and it is also in the US, years later, she will chair the law firm Baker & amp; McKenzie before being noticed by the French right.
debauched in 2005, in 2007 she became the first woman to head the Ministry of Economy in France where she will sign a longevity record by remaining up ‘in 2011.
His adaptation has not been smooth. In 2005, his first entry into a government Foreign Trade portfolio, it considers the French labor code “complicated” and “heavy”, sparking an outcry.
At the head of Bercy two years Later, in the middle of soaring fuel prices, it calls on the French to “use their bicycles,” helping to build her image of a woman sometimes out of step with reality.
His arrival to head the IMF will not because of his outspokenness. It thus provoke an outcry by calling the Greeks in spring 2012, drained by the austerity plans, to pay all “taxes.”
Ms Lagarde has also not hesitated to offend his former partners Europeans, calling them to recapitalize their banks ‘emergency’ or exhorting them to alleviate the Greek debt.
Under its mandate, the IMF will however, failed to prevent the largest default its history with Greece.
Internally, the ruling had to fight to gradually convert the IMF, guardian of fiscal orthodoxy, the fight for gender equality, against social inequalities . and global warming
His record at the IMF has recently acquired two major achievements: the recognition of the Chinese yuan as a reference currency and, above all, the release of a reform of IMF governance for which it had expressed its readiness to execute a “belly dance”
Result:.. some emerging countries, yet very angry against the overrepresentation of Westerners in the IMF, pay homage
The bottom of his economic thought, however, remains elusive, especially since she had to accompany the slow and tortuous aggiornamento IMF on austerity.
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