Kristalina Georgieva is the most powerful woman in Washington not named Nancy. And her new job atop the IMF — the 75-year-old institution that acts as the world’s economic safety net — comes with particularly acute challenges
Get used to pronouncing Kristalina Georgieva’s name . She’s the most powerful woman in Washington not named Nancy.
The approach is mostly an extension of her predecessor Christine Lagarde’s belief in broad-based economic growth — the pair evenWhile Georgieva wants to broaden the IMF’s agenda, she will actually have less room to maneuver than she did in her prior stint as World Bank CEO. For her, global institutions have to align both horizontally with each other, and vertically with the populations they support.
Yet France went to the wall to install Georgieva as IMF president — the French finance minister Bruno Le Maire spent large chunks of July on the phone to fellow finance ministers making the case, even though it meant pushing the fund to waive its usual 65-year age limit for the post.in the arrangement, that’s because it was unnecessary. The French government shares Georgieva’s holistic views on how to motor growth: by investing in women, the green economy and the digital revolution.
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