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Jakarta Post
The Jakarta Post 34
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Does Asia need the IMF?

  • Hank Lim and Simon Tay

Singapore | Tue, June 7 2011 | 07:00 am

The spectacular resignation of Dominique Strauss-Kahn as Managing Director of the International Monetary Fund (IMF), has led to heated speculation over the next director.

The IMF’s near 70-year-old practice of appointing only a European is under question, with some suggesting that it is time for an emerging economy and perhaps Asia to take the place.

But while no final decision h...