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The big IMF race: EMs on priority list? No, says Virmani

The BRICS nations have come out in the open to oppose the notion that the next MD of the IMF should be from Europe. They argue that such a selection criteria undermines the legitimacy of the fund. But India's IMF representative Arvind Virmani says he's not too certain the next chief will be non-European, let alone from an emerging nation.

first published: May 25, 2011 09:04 pm

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