Article 5QNVS IMF chief will probably weather the storm – but at a cost | Larry Elliott

IMF chief will probably weather the storm – but at a cost | Larry Elliott

by
Larry Elliott
from on (#5QNVS)

Kristalina Georgieva is likely to survive row over China report but institution's reputation will suffer

In the past couple of decades managing directors of the International Monetary Fund have fallen into two categories: those that have had personal difficulties and survived and those that have had personal difficulties and stepped down.

Kristalina Georgieva, the current IMF boss, is one of the former. The question of whether she instructed for a report to be doctored to put China in a more flattering light when she was vice-president of the World Bank has turned into a saga involving whistleblowers, an external report, lengthy grillings by the IMF board and accusations of a dirty tricks operation mounted by conservative forces in Washington.

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