Perhaps the most significant development coming out of last week's G-20 summit meeting in London is the news that the world's leading economies will triple the International Monetary Fund's lending powers to some $750 billion. The massive investment raises an immediate question: How is influence shifting within the workings of the Fund? To tease out the nuances of these developments, WPR columnist Andrew Bast spoke with Simon Johnson, chief economist of the IMF in 2007 and 2008, and currently a professor at the MIT Sloan School of Management. Many consider Johnson's blog, The Baseline Scenario, a must-read on the global financial crisis. How has the United States traditionally exerted influence at the IMF?
WPR Interview: Economist Simon Johnson
