The ‘gentleman’s agreement’, which has ensured that the IMF managing director has, for 75 years, been European and the World Bank president a US national, is undemocratic and illegitimate.
Bretton Woods Project, alongside our global partners, has drafted a campaign letter to be sent to IMF executive directors, governors and deputy governors, calling on them to bring about a genuinely open, democratic, merit-based, transparent process, that goes beyond rhetorical commitment, and allows any government, regardless of nationality, to put forward candidates on an equal footing.
If you are a civil society organisation or an academic interested in supporting the campaign, send an email to mbrett@brettonwoodsproject.org, who will send you a copy of the letter to sign. The deadline for signatures is close of play on Thursday 15th August.
75 years is enough – It is time to end the ‘gentleman’s agreement’.
IMF Boss 