The lisbon treaty is dead, nomineerden, Christine Lagarde, on Tuesday, when the president of the European Central Bank (ECB). They would be the first woman to be the ECB president will be. The French IMF president must be the successor to Mario Draghi, who since 2011 has been. A profile of the woman who the first woman was.
With the move to the central bank, would be the 63-year-old French woman, the first woman to be the ECB’s chairman. That they have been aware of.
Lagarde, of the house of a lawyer, started her career in 1981 in the United States of america at law firm Baker & McKenzie in New York city. Eighteen years later, she is the first woman to become president of the firm.
The step is being seen as a major breakthrough in the advocatenwereld, which is dominated by men. “The fact that I was an am, and no, he provides support to many female lawyers,” said Lagarde in 1999, at The New York Times.
See: He fumbles in addition to the EU top spot, the German minister, Von der Leyen to the fore The country’s first female minister of Economic Affairs,
In 2005, Lagarde, the French president, Jacques Chirac, from the advocatenwereld called back to handelsminister of France to be. Under her leadership, a growing French exports rise to record levels.
now, Two years later, she is the minister of the economy, again, is an exception. Up to this point, there is in France, does not have a female prime minister for economic affairs, and is not even in the G8 countries.
See also: David Lipton, new deputy director of the IMF, after the departure of Lagarde, the World would have had been with Lehman Sisters instead of Lehman Brothers (‘
now, She’s getting as prime minister, in 2008 with the global financial crisis. Lagarde, who is known as someone who is seldom a straight-talking, take, the blame for this partly on the male-dominated macho of the bankenwereld.
“to The world you may have a very different look if Lehman Sisters had been,”
Christine Lagarde
“As I have many times I’ve said, if Lehman Sisters had been in place in Lehman Brothers, then the world might have a very different look today,” she writes in 2018, in a blog post for the International Monetary Fund (IMF).
Lagarde, who is already back in the top of the list of most powerful women in the world, it has been a great supporter of women in senior positions in the financial world. “The diversity helps ensure that people have sharper thinking, reducing the likelihood of groupthink is reduced,” she writes in the same blog post. “This diversity also makes for a more cautious and less reckless decisions, that is, until the crisis is likely to be found.”
Successor to Strauss-Kahn at the IMF, the
Four years, Lagarde is responsible for the French economy. It is in this period, inter alia, by the business newspaper Financial Times named the best European minister of Economic Affairs.
In 2011, she and her fellow countryman, Dominique Strauss-Kahn at the IMF. ‘DSK’ leave because he was accused of being a lady’s maid, has to have hurt. With the move to the IMF president Lagarde is the first woman president in the 66-year history of the organization.
“it’s very impressive, but the political ground it has a very strong personality,” says former IMF chief economist Kenneth Rogoff to their appointment. “With the economic events around the world, she is treated like a rock star.”
Polled for the European positions
By the end of the term of office of Mario Draghi in a view to start in 2018, with rumors about a possible career in Europe, Lagarde.
“no, No, no, no, no, no, no, no, no, no, no, no, no.”
Christine Lagarde, on her ambition for the European top level
At the Financial Times says she is “annoyed” and “in the realm of speculation sick and tired” of it. It is also very positive when asked whether they have become top executives at the European Commission or the european central bank aspires to: “no, No, no, no, no, no, no, no, no, no, no, no, no, no,” she said at FT.
so, What can we expect of her at the institution?
for example, If Lagarde as the new ECB president, she’ll have to deal with a European economy that just won’t come back. Under the leadership of Draghi, the economy of the euro area is heavily encouraged in the wake of the crisis. Due to lower-than-expected growth would put the Italian out the door last month and will re-open for additional stimuli.
it is expected that the monetary policy did not dramatically change course. Lagarde is well-known as a proponent of further economic stimulus. As the IMF, the president called on the ECB, several times, in order for the stimulus to continue.
German chancellor Angela Merkel said on Tuesday in Brussels, next of the appointment of Lagarde-to-be: “it’s a function with a lot of care and dedication to perform in such a way that the euro is going to do well. I’m sure of it.”
See also the Back of cheap loans from the ECB: Will it really be such a bad thing?
