[20190809]IN11155_国际货币基金组织新任理事.pdf

CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i A New Director for the International Monetary Fund Martin A. Weiss Specialist in International Trade and Finance August 9, 2019 On July 16, Christine Lagarde announced that she was resigning as International Monetary Fund (IMF) Managing Director following her nomination to succeed Mario Draghi as president of the European Central Bank. She is expected to take up the new post in November. Until a new permanent director is chosen, David Lipton, the IMFs First Deputy Managing Director, will serve as Acting Managing Director. Ms. Lagardes tenure at the IMF coincided with arguably the most challenging global economic landscape in recent decades. Assuming office in the middle of the global financial crisis and amidst the high-profile scandal involving her predecessor, Ms. Lagarde steered the Fund through several contentious European loan programs, secured congressional passage of a long-stalled IMF capital increase, and according to Mark Sobel, former U.S. representative to the Fund, reinvigorated IMF surveillance, boosting the policy relevance of the IMFs research and analysis. The leadership race has renewed