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Thursday, May 19, 2011

A look at possible candidates to be next IMF chief - seattlepi.com

"A look at possible candidates to be next IMF chief
The Associated Press,
Updated 02:47 p.m., Thursday, May 19, 2011

A look at some possible candidates to succeed Dominique Strauss-Kahn as managing director of the International Monetary Fund.

KEMAL DERVIS: Turkey's former finance minister is widely considered to be the front-runner if the IMF looks outside the European Union for a replacement for Strauss-Kahn.

Dervis, 62, is no stranger to Washington, having spent 24 years at the World Bank, rising to be a vice president. He currently heads the global economy program at the Brookings Institution in the U.S. capital.

As Turkey's finance minister a decade ago, he helped the country recover from a deep economic crisis with an IMF-backed economic reform plan, which set the groundwork for Turkey's strong economic growth and its resilience during the recent global economic recession. He also taught at Princeton University in the 1970s."

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