Lagarde calls for reform of IMF’s voting system
ECB president says multilateral institutions need to be ‘better aligned with what the world has become’
Christine Lagarde has called for a “rejuvenation” of international institutions such as the International Monetary Fund and the World Trade Organization (WTO).
The ECB president was speaking at the London School of Economics (LSE) on April 22 on a panel with IMF managing director Kristalina Georgieva and WTO director-general Ngozi Okonjo-Iweala.
Lagarde, a former IMF managing director, said that using terms like “rupture” in relation to geopolitics made her think of birth. “Maybe that’s what we
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