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Imf World Bank

Peter S. Goodman

DSK Replacement Should Come From Developing World

HuffingtonPost.com | Peter S. Goodman | Posted 07.23.2011 | Business

We simply need the institutions that govern the world's money to be representative of the world's people. Yet the way the Dominique Strauss-Kahn episode has been absorbed by the power centers reflects a tendency to accept the sorts of assigned roles the IMF and the World Bank generally view people outside the most powerful countries as: cheap hands to be exploited, miserable wretches to be pitied and perhaps aided or, most of the time, rounding errors on the ledger books of a global economy.