CGD IMF Successor Candidates Survey: Final Results
Results as of 12:00pm, June 28, 2011
1. The status quo should continue: Europe should maintain its customary
prerogative of seeking IMF Board approval for a single European
candidate, after informal consultations with other shareholders.
Strongly disagree
48.7%
Disagree
34.7%
Not sure
7.3%
Agree
5.2%
Strongly agree
4.2%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
2. The process should evolve: Europe should continue to play a dominant
role, for example, by presenting a list of candidates for Board
consideration (which could include both Europeans and non-Europeans)
Strongly disagree
24.5%
Disagree
Not sure
35.2%
10.6%
Agree
Strongly agree
0.0%
21.9%
7.7%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
3. A standing committee of eminent persons appointed by the IMF
Board should present at least two qualified candidates, in addition to
any other member-proposed candidates.
Strongly disagree
7.8%
Disagree
13.6%
Not sure
18.8%
Agree
42.0%
Strongly agree
17.9%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
4. The IMF board should adopt a double majority voting process in which
a candidate would need a majority of the voting shares (which gives the
United States, Europe and other large economies an effective veto if they
collaborate) and a majority of the me
Strongly disagree
8.4%
Disagree
16.8%
Not sure
23.4%
Agree
Strongly agree
0.0%
37.6%
13.7%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
5. The traditional European prerogative to name the head of the IMF and
the U.S. prerogative to name the World Bank president should be
replaced by a selection process that is open, competitive and meritbased, without regard to nationality.
Strongly disagree
3.2%
Disagree
4.7%
Not sure
4.4%
Agree
19.6%
Strongly agree
68.1%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
6. Experience in private banking and financial services industry
not important
12.6%
somewhat important
54.3%
very important
0.0%
33.2%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
7. Understanding of international monetary and capital market issues
not important
0.5%
somewhat important
8.0%
very important
91.5%
0.0%
10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
8. Experience managing economic and financial crises
not important
0.3%
somewhat important
23.7%
very important
0.0%
76.1%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
9. High-Level International Organization Experience
not important
6.8%
somewhat important
45.7%
very important
47.5%
0.0%
5.0%
10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% 45.0% 50.0%
10. High-Level Political and Diplomatic Experience
not important
5.6%
somewhat important
44.6%
very important
0.0%
49.8%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
11. Effective Manager
not important
0.9%
somewhat important
23.9%
very important
0.0%
75.2%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
IMF Leadership Survey: Process, Qualifications, Candidates
Following are some of the individuals mentioned in press reports as possible candidates to become Managing Director of IMF.
Please indicate your perception of their qualifications and experience using the following scores: 1: Fair; 2: Good; 3: Excellent; 0:
Lacks this qualification or experience. If you do not have an opinion, do not know, or do not otherwise wish to comment on any
candidate, leave the fields blank. (Note: CGD staff did not consult with any of the individuals listed and arbitrarily limited the
number of names to make the survey manageable; inclusion on this list does not imply endorsement by CGD.)
Private Sector Banking and Finance Experience
Answer Options
0
%
1
%
2
%
3
%
Response
Count
Axel Weber
Peer Steinbrueck
Stanley Fischer
Montek Singh Ahluwalia
Gordon Brown
Agustin Carstens
Kemal Dervis
Mario Draghi
Mohamed El-Erian
Arminio Fraga
Christine Lagarde
Trevor Manuel
Il Sakong
22
23
15
38
75
26
35
12
8
7
22
31
16
24%
34%
7%
29%
31%
16%
19%
11%
6%
6%
9%
20%
29%
18
20
37
38
73
48
59
18
12
13
47
47
17
20%
29%
18%
29%
31%
30%
31%
16%
9%
11%
20%
30%
30%
25
18
58
30
59
49
60
37
13
29
70
49
16
28%
26%
28%
23%
25%
30%
32%
34%
9%
25%
30%
31%
29%
25
7
97
23
32
39
35
43
104
65
96
30
7
28%
10%
47%
18%
13%
24%
19%
39%
76%
57%
41%
19%
13%
90
68
207
129
239
162
189
110
137
114
235
157
56
Tharman
Shanmugaratnam
Zhou Xiaochuan
18
26%
19
28%
18
26%
13
19%
68
23
27%
25
29%
21
24%
17
20%
86
Understanding of international monetary and capital market issues
Answer Options
0
%
1
%
2
%
3
%
Axel Weber
Peer Steinbrueck
Stanley Fischer
Montek Singh Ahluwalia
Gordon Brown
Agustin Carstens
Kemal Dervis
Mario Draghi
Mohamed El-Erian
Arminio Fraga
Christine Lagarde
Trevor Manuel
Il Sakong
Tharman
Shanmugaratnam
Zhou Xiaochuan
2
3
3
0
4
1
2
2
1
1
4
3
1
13%
30%
9%
0%
10%
3%
8%
13%
5%
6%
8%
13%
20%
4
2
0
1
6
3
0
1
1
2
7
5
1
27%
20%
0%
5%
15%
8%
0%
6%
5%
12%
14%
21%
20%
3
3
1
8
13
11
10
3
5
6
19
11
2
20%
30%
3%
40%
33%
28%
42%
19%
24%
35%
39%
46%
40%
6
2
30
11
17
25
12
10
14
8
19
5
1
40%
20%
88%
55%
43%
63%
50%
63%
67%
47%
39%
21%
20%
Response
Count
15
10
34
20
40
40
24
16
21
17
49
24
5
1
1
9%
14%
2
18%
2
18%
6
55%
11
4
57%
1
14%
1
14%
7
Experience managing economic and financial crises
Answer Options
0
%
1
%
2
%
3
%
Response
Count
Axel Weber
Peer Steinbrueck
Stanley Fischer
Montek Singh Ahluwalia
Gordon Brown
Agustin Carstens
Kemal Dervis
Mario Draghi
Mohamed El-Erian
Arminio Fraga
Christine Lagarde
Trevor Manuel
Il Sakong
Tharman
Shanmugaratnam
Zhou Xiaochuan
13
15
14
14
17
12
8
9
21
7
15
14
13
13%
22%
6%
10%
6%
7%
4%
8%
16%
6%
6%
8%
22%
28
17
21
28
40
36
12
29
36
25
35
29
18
29%
25%
10%
20%
15%
21%
6%
26%
28%
21%
13%
17%
31%
34
22
49
50
79
55
48
34
42
31
96
48
20
35%
32%
23%
35%
29%
33%
23%
30%
32%
26%
36%
28%
34%
22
15
133
51
136
66
143
40
31
56
119
78
8
23%
22%
61%
36%
50%
39%
68%
36%
24%
47%
45%
46%
14%
97
69
217
143
272
169
211
112
130
119
265
169
59
13
18%
20
27%
28
38%
12
16%
73
13
15%
25
28%
26
30%
24
27%
88
High-Level International Organization Experience
Answer Options
0
%
1
%
2
%
3
%
Response
Count
Axel Weber
Peer Steinbrueck
18
19
19%
28%
24
23
25%
34%
32
14
33%
21%
22
11
23%
16%
96
67
Stanley Fischer
Montek Singh Ahluwalia
Gordon Brown
Agustin Carstens
Kemal Dervis
Mario Draghi
Mohamed El-Erian
Arminio Fraga
Christine Lagarde
Trevor Manuel
Il Sakong
Tharman
Shanmugaratnam
Zhou Xiaochuan
10
10
41
14
6
8
22
23
46
19
11
5%
7%
16%
8%
3%
7%
17%
20%
18%
12%
18%
17
21
62
25
10
20
25
47
55
39
21
8%
14%
24%
15%
5%
19%
19%
42%
22%
24%
35%
40
41
75
54
28
39
49
29
85
62
22
18%
28%
30%
32%
13%
36%
38%
26%
34%
38%
37%
155
76
76
77
172
41
34
14
65
45
6
70%
51%
30%
45%
80%
38%
26%
12%
26%
27%
10%
222
148
254
170
216
108
130
113
251
165
60
12
17%
23
33%
23
33%
11
16%
69
13
15%
29
35%
31
37%
11
13%
84
High-Level Political and Diplomatic Experience
Answer Options
0
%
1
%
2
%
3
%
Response
Count
Axel Weber
Peer Steinbrueck
Stanley Fischer
Montek Singh Ahluwalia
Gordon Brown
Agustin Carstens
Kemal Dervis
Mario Draghi
Mohamed El-Erian
Arminio Fraga
Christine Lagarde
Trevor Manuel
Il Sakong
Tharman
Shanmugaratnam
Zhou Xiaochuan
16
6
11
9
7
11
6
8
26
8
11
8
6
16%
9%
5%
6%
3%
6%
3%
7%
21%
7%
4%
5%
10%
25
12
37
18
16
44
15
17
52
35
17
21
19
26%
18%
17%
13%
6%
26%
7%
15%
41%
30%
6%
12%
32%
33
24
80
48
43
69
43
42
27
46
56
39
23
34%
36%
37%
33%
16%
41%
20%
38%
21%
40%
21%
22%
39%
23
24
87
69
209
46
149
44
21
27
186
107
11
24%
36%
40%
48%
76%
27%
70%
40%
17%
23%
69%
61%
19%
97
66
215
144
275
170
213
111
126
116
270
175
59
5
7%
21
29%
31
43%
15
21%
72
11
12%
17
19%
34
38%
27
30%
89
Answer Options
0
%
1
%
2
%
3
%
Response
Count
Axel Weber
Peer Steinbrueck
Stanley Fischer
Montek Singh Ahluwalia
Gordon Brown
Agustin Carstens
Kemal Dervis
Mario Draghi
Mohamed El-Erian
Arminio Fraga
Christine Lagarde
Trevor Manuel
10
9
10
3
38
11
9
9
3
6
16
8
13%
15%
5%
2%
16%
8%
5%
10%
3%
6%
7%
5%
16
15
28
21
75
37
25
16
14
17
30
22
21%
25%
14%
17%
31%
26%
13%
18%
13%
18%
14%
14%
32
25
71
45
83
63
78
31
35
38
87
51
42%
42%
36%
37%
34%
44%
41%
35%
31%
40%
40%
33%
18
10
89
53
46
32
79
33
60
33
85
73
24%
17%
45%
43%
19%
22%
41%
37%
54%
35%
39%
47%
76
59
198
122
242
143
191
89
112
94
218
154
Effective Manager
Il Sakong
Tharman
Shanmugaratnam
Zhou Xiaochuan
10
19%
21
40%
14
26%
8
15%
53
9
15%
14
23%
27
45%
10
17%
60
8
10%
14
18%
36
47%
19
25%
77
21. Which type of organization best describes your current or most recent
employment?
Other ( unspecified)
15%
Other multilateral organization
16.8%
IMF
1.9%
NGO / advocacy organization
17.1%
University or think tank
32.9%
Private company
17.0%
Government
14.3%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
24. Gender
Female
31.3%
Male
0.0%
68.7%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%