Believe nothing

Tuesday, 14 June 2011 09:32

‘Stanley Fischer, the Israeli central bank governor, has challenged Christine Lagarde’s ability to run the International Monetary Fund by claiming that his training as an economist made him a superior candidate.

Fischer, whose interest in the post emerged over the weekend, said it is essential that the managing director of the IMF has the academic training to help steer the world economy through the current crisis.

“In normal times, you can probably rely on intuition,” Fischer told the Wall Street Journal. “But all the time, in different countries, there are serious economic issues [to be addressed].”‘

Read more: Stanley Fischer Stakes Claim to IMF Top Job