MIT's Blanchard to become IMF chief economist?

Olivier Blanchard, an economics professor at the Massachusetts Institute of Technology (MIT), will be the next chief economist at the International Monetary Fund (IMF) a leading German weekly has reported.

The Wednesday 21 May edition of Die Zeit states that Dominique Strauss-Kahn wants Blanchard to succeed Simon Johnson, another MIT professor who resigned as chief economist on 5 May.

A spokesman for the IMF told Central Bank News that Blanchard had expressed an interest in the role, for whic