By Lelethu Mquqo
24 May 2011
Debate has been raging over who will take over the top position at the International Monetary Fund.
This follows the arrest of former head Dominique Strauss-Kahn in New York earlier this month.
The IMF has had a European chief executive since its inception in 1944.
Econometrix economist Tony Twine says there is no real reason for this, especially considering the economic troubles currently facing some EU states.
Twine contends that the organisation will nevertheless cling to this practice.
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