Kevin Gallagher, Director of the Global Development Policy (GDP) Center and Professor of Global Development Policy at the Frederick S. Pardee School of Global Studies, co-wrote a recent Op-Ed on new Managing Director of the IMF Kristalina Georgieva’s first annual meeting of the organization.
From the text of the article:
Next week, Kristalina Georgieva will preside over her first annual meeting of the IMF as its new managing director.
She faces tough challenges. As the world economy shakes with uncertainty, the IMF lacks both the resources and the legitimacy to play a lead role in maintaining global economic stability. Ms Georgieva will have to make three important reforms to put the IMF on more solid ground.
First, she must scale the amount of resources the Fund has at its disposal to prevent and mitigate financial instability. Second, she must reform its governance structures. Third, she must align the Fund’s policy packages with the UN Sustainable Development Goals (SDGs) and the Paris Agreement on Climate Change.
She just might be the perfect person to do it.
Gallagher serves on the United Nations’ Committee for Development Policy and co-chairs the T-20 Task Force on International Financial Architecture at the G-20. He previously served on the investment sub-committee of the Advisory Committee on International Economic Policy at the US Department of State and on the National Advisory Committee at the Environmental Protection Agency. Gallagher has been a visiting or adjunct professor at the Paul Nitze School of Advanced International Studies at Johns Hopkins University, the Fletcher School of Law and Diplomacy at Tufts University; El Colegio de Mexico in Mexico; Tsinghua University in China, and the Center for State and Society in Argentina. Follow him on Twitter @KevinPGallagher.