The new IMF chief should not be chosen by Europe alone
Amanda Khozi Mukwashi
The financial institution has the power to tackle the climate crisis yet it excludes applicants from the global south
There’s a simple explanation.
It simply cannot be right that the leadership of the institutions with the greatest power to tackle the climate crisis excludes applicants from those countries where that crisis is wiping out the lives and livelihoods of many millions of people. The IMF aims to create sustainable growth and to reduce poverty in the world. How can it do so when it is run on fundamentally undemocratic principles?
It’s the democracy of money. North America and Europe pay the money into these institutions. Therefore they get to decide where the money goes.
Now bugger off.
It is time for all members of the IMF to stand together and vote against a model that mocks the principles and values that the same countries place above all else.
Sigh. Ignorant twat.