Andres Opennheimer writes:
There would be dozens of qualified candidates for the top IMF job from emerging countries, who would not make anybody nervous in the U.S., German or British treasuries.
Among others: former Mexican President Ernesto Zedillo; former Brazilian Central Bank President Pedro Malan; former Argentine Central Bank Gov. Mario Blejer; India’s planning minister, Montek Singh Ahluwalia; or the former chairman of Poland’s National Bank, Leszek Balcerowicz.
Any of them would be a more credible broker of future financial crises, a more even-handed monitor of the world economy, than Sarkozy’s candidate.