3 ms·
> Yes the US takes part in that, but the organization is the IMF. To be clear: The IMF and World Bank are primarily controlled by the Western powers. EDIT: And
by hackuser 10y ago
> Yes the US takes part in that, but the organization is the IMF.
To be clear: The IMF and World Bank are primarily controlled by the Western powers. EDIT: And are seen as tools of Western power by many.
- alanwatts 10y agoThe current US Secretary of the Treasury is the most influential member of the IMF, with 16.66% of the total voting power (Jacob Lew) [1]. He was promoted to his current posts shortly after banking on the 2008 economic collapse with Citi. [1]https://www.imf.org/external/np/sec/memdir/members.aspx#3 https://www.imf.org/external/np/sec/memdir/members.aspx#3
- hackuser 10y agoI'd add that I think the Managing Director, Christine Lagarde, is considered the most influential person, though I'm not sure how the voting works. The deal long (or always?) has been that a European runs the IMF (Legarde) and an American runs the World Bank, currently Jim Yong Kim. As you might imagine, the rest of the world feels a bit left out.