French Finance Minister Lagarde arrived in Brazil

May 30, French Finance Minister Lagarde arrived in Brazil,began her run for the International Monetary Fund (IMF)Executive Officer of the charm offensive. This is a big country to emerging markets Lagarde said a good first stop, then she will also visit China, India and Saudi Arabia and other countriesoutside Europe more hope of winning the support of important countries.coach handbags supplies 

Deauville, France in the just-concluded Summit of Eight,Christine Lagarde, France has been running for president, IMFresearch, the eight leaders have explicitly or implicitly made ​​astatement that Lagarde is the right person to succeed Kahn. In fact, Lagarde decided to run for the post was the result ofcoordination within the European countries, European countries, Europeans continue to take the top spot IMF president isironclad, Lagarde has enough votes to win, will not face a real threat.

Lagarde politics in 2005, served as head of the French Minister Delegate for Foreign Affairs, Agriculture and Fisheries Minister.Now the French Economy, Finance and Industry Minister. Sheannounced his campaign for president, said the IMF had done a "thoughtful, "while French President and the Prime Ministerreceived the "full support. " She promised, if successful campaign, "At first we must prove their independence ",stressed the reform of the IMF to improve the IMF's governance,so the organization to adapt to global changes.

To the right to vote, the United States and Europe together in one fell swoop can be "heaven and earth. " Formed due to historical reasons, since 1946, IMF and World Bank are the two major international financial institutions have been dominated byEuropean and American people. European countries has nearly36% of IMF voting rights, in its Administrative Council of 24 posts in the possession of 9 seats. IMF set up in 65 years, the French have stayed in this position for 34 years.coach handbags stores 

to listen to the expectations of the IMF

People here think, eat in the eight-nation summit on the"assurance"in the ongoing IMF Lagarde, president campaigntrip, to some extent to the world in a "face", or in order toenhance French influence. Of course, since the sex scandalKahn, the French had to take into account its negative impact,Lagarde's visit to win votes so much as it is to do more listeningposture. Lagarde said on arrival in Brasilia, the first purpose of this trip is to elaborate her campaign platform, followed by itspresident to listen to the expectations of the IMF.coach handbags us 

Lagarde afternoon we arrived in Brazil with Brazilian Finance Minister Mantega meeting. Houmantejia said the talks continue to promote the reform of IMF, the emerging market countries in the greater voice in decision-making body, is the new president of the Brazilian government to support a condition of IMF.Lagarde and principles of Brazil in favor of the idea. She said: "I believe that this organization does not belong to anyone, butbelongs to all members. " Mantega stressed that as the choiceof nationality has become the standard IMF president of the past and future best practice for emerging market countries and developed The representatives of the rotation as the post.

European long-term monopoly practices by the IMF executive officer of a lot of criticism from the emerging economies. French media commented that the strength of emerging market countries with the rise in Europe is likely to lose the IMF, President of the "favorable conditions"and the"trump card. "Kahn was elected president in 2007 when the IMF, the euro areahave publicly Chairman Juncker said, "to determine the nextpresident will no longer by the IMF produced in Europe. " But this time Europe was still caught hold this position, apparentlypromises and his word.coach handbags uk