Surin calls on Asia to select a candidate for IMF chief

News > Local News

GLOBAL FINANCE

Surin calls on Asia to select a candidate for IMF chief

Published: 27/05/2011 at 01:48 PM
Newspaper section: News

TOKYO : Asean secretary-general Surin Pitsuwan has called on Asian countries to jointly nominate a candidate for the post of managing director of the International Monetary Fund.

As the leading engine of global economic growth, Asia needs to assert itself in the way international institutions such as the World Bank and the IMF operate, Mr Surin said yesterday.

"The time is for Asia to field a candidate and it doesn't have to be an Asian. They could be a member of a Third World country but not the European Union and they surely must not be a North American," said the Asean chief.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

About the author

: Writer: Umesh Pandey; Position: Editor for Asia Focus

Keep this article in your social bookmark:

Latest stories in this category:

Forum

Your comments

slagnr13
Post : 35
Send message

Discussion 6 : 27/05/2011 at 04:00 PM6
Post this to my Facebook
Good to see asians voicing out their opinions. All for Surin.Its time for farangs to be fair.they can't be monopolising everything.
Like dislike 0 people liked / 0 people disliked this comment
mutley
Post : 51
Send message

Discussion 5 : 27/05/2011 at 12:56 PM5
Post this to my Facebook
If Asia cleaned up it's act and got tough on graft,corruption, breach of copyright and suchlike, then it would be able to claim it's just rewards. As it stands, the western powers are rightly sceptical of Asian involvment when large amounts of money are involved.
Like dislike 0 people liked / 0 people disliked this comment
Eric
Post : 478
Send message

Discussion 4 : 27/05/2011 at 09:13 AM4
Post this to my Facebook
The way the IMF voting system is structured whereby EU and USA has the majority votes will always skewed against Asia. Voting rights in IMF is based on industial mights and Asia is under represented. There is no way someone outside EU and USA can be IMF chief and that's a reality, period.
Like dislike 0 people liked / 0 people disliked this comment
Asian Hand
Post : 252
Send message

Discussion 3 : 27/05/2011 at 08:48 AM3
Post this to my Facebook
This is almost as funny as K. Korn's name being put up for IMF Chief.
Like dislike 0 people liked / 0 people disliked this comment
bencanuck
Post : 480
Send message

Discussion 2 : 27/05/2011 at 08:07 AM2
Post this to my Facebook
I hope they are able to make a statement. That is all that can be hoped for at the moment, but it's nothing to sniff at either.
Like dislike 0 people liked / 0 people disliked this comment
ivyking
Post : 826
Send message

Discussion 1 : 27/05/2011 at 06:04 AM1
Post this to my Facebook
Khun Korn?
Like dislike 0 people liked / 0 people disliked this comment

Surin calls on Asia to select a candidate for IMF chief | Bangkok Post: news