IMF: Christine Lagarde only candidate to succeed him – Le Point

The only candidate for his own succession to the head of the IMF, Christine Lagarde worked his way to the elite of the world leaders guaranteeing weight support, retaining the image of a leader in the thick shell. Lawyer business in the US, Minister of the Economy in France under Nicolas Sarkozy: the French, the daughter of teacher and mother of two son, found in ten years its place in the high places of the world where women power There are not many. At the end of his first term at the head of the IMF, no one appeared in front of her and she soon received the necessary support for his re-election should be formalized in March.

Driven in 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 on sex scandal background. Offering 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 to the powerful banks American and European plants.

in just 60 years, the only downside of his brilliant career is his dismissal in court in the case of arbitration Tapie, Credit Lyonnais, which dates back to the when she was Minister of Economics in France. Christine Lagarde, who has appealed that decision was, however, always assured of the support of the IMF board. And judicial hassles did not prevent large countries like the United States, France, Britain, Germany or China to lend their support.

Straight Talk

The United States occupy a special place in his career. That’s where she went to study for a year and it is also the Atlantic, years later, she became leader of the Baker & amp law firm; McKenzie before being noticed by the French right.

debauched in 2005, it became in 2007 the first woman to head the Ministry of Economy in France where she will sign a record of longevity remaining there until ‘in 2011. His adaptation has not been smooth. In 2005, his first entry in a government foreign trade portfolio, it considers the French Labour Code “complicated” and “heavy”, sparking an outcry. At the head of Bercy two years later, in the middle soaring fuel prices, it calls on the French to “use their bicycles,” helping to shape her image of a woman sometimes at odds with reality.

his arrival at the head of the IMF will not because of his outspokenness. It thus provoke an outcry by calling the spring of 2012 the Greeks, drained by the austerity plans, to pay all “taxes”. Christine Lagarde has also not hesitated to offend his old European partners, urging them to recapitalize their banks ‘emergency’ or urge them to alleviate the Greek debt.

Fighting for equality equality

Under its mandate, the IMF will however, failed to prevent the biggest default in 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 inequality and global warming.

His record the IMF has recently added two major successes: the recognition of the Chinese yuan as a reference currency and especially the release of a reform of IMF governance to which it had expressed its readiness to perform a “dance belly “. Result: some emerging countries, though very angry against the over-representation of the West in the IMF, pay homage to him. The bottom of his economic thought, however, remains elusive, especially since it had to accompany the slow and tortuous aggiornamento IMF on austerity.