There is not much change by the change in the head of IMF. Another European has been elected to the post of the Managing Director of the International Monetary Fund. As expected Christine Lagarde, French Finance Minister has been elected to the top post. Of course, it is good that a woman has been elected for the first time.
Unless there is a clear change in the equations in the IMF and also a policy change in support of the developing and under developed countries, the IMF will continue to function in favour of the developed countries like USA.