The arrest and resignation of Dominique Strauss-Kahn, managing director of the International Monetary Fund (IMF), has captured headlines for days. One of the http://www.blogger.com/img/blank.gifhttp://www.blogger.com/img/blank.gifconsequences of this sudden turn of events has been the clear surfacing of several candidates from developing nations, as well as strong claims from some emerging economy policymakers that Europe should cede its traditional right to the position. An English bookmaker made Turkey’s Kemal Dervis the favourite in early betting, with India’s Montek Ahluwalia not far behind in the odds.
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