Michel Camdessus is a French economist and administrator who was Managing Director of the International Monetary Fund (IMF) from 16 January 1987 to 14 February 2000. To date, he is the longest serving Managing Director of the IMF.
Among the most important events of his tenure was the 1997 East Asian financial crisis. His role has been criticized for not paying attention to the unique circumstances of the East Asian countries and blindly imposing the measures that were followed in Mexico, leading to considerable turmoil and rioting in countries such as Indonesia.Previously, he was Deputy Governor and Governor of the Bank of France from November 1984 until his move to Washington, D.C.
Born in Bayonne, France, Mr. Camdessus was educated at the University of Paris and earned postgraduate degrees in economics at Institut d'Etudes Politiques de Paris (Sciences Po) in Paris and École nationale d'administration.
He is currently president of the social initiative Semaines sociales de France (French social weeks) and is a member of the Commission for Africa established by Tony Blair. He is also a member of the Pontifical Commission for Justice and Peace.
Camdessus is a member of the Africa Progress Panel (APP), a group of ten distinguished individuals who advocate at the highest levels for equitable and sustainable development in Africa. As a Panel Member, he facilitates coalition building to leverage and broker knowledge, in addition to convening decision-makers to influence policy and create lasting change in Africa.
Camdessus is also a member of the Fondation Chirac's board of directors, ever since the foundation was launched in 2008 by former French president Jacques Chirac to promote world peace. He also participates in the jury for the Conflict Prevention Prize awarded every year by this foundation, and in the scientific committee of its Water and Sanitation programme.
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Some of their strengths
Michel Camdessus has many admirable traits.
Based on spiritual traditions from around the world, they are someone who can be described as Strong, Organized, Sensual, Honest, Perseverent, Artistic, and Creative.
Strong and Diligent
According to Mysticism’s Astrology tradition, Michel Camdessus is someone who is a strong, diligent, and trustworthy person who approaches life with honesty and perseverance, but who is also physical, sensual, and artistic. A person who sees life as a journey not a destination.
Warm and Caring
Based on Daoism’s Ba-Zi or ‘Chinese Zodiac’ tradition, people who know Michel Camdessus well know them as someone who can be warm, caring, and compassionate, like a lamp or torch.
Independent and Organized
According to Hinduism’s Jyotisha or ‘Vedic Astrology’ tradition, many would also describe Michel Camdessus as someone who is independent, organized, inventive, and generous.
A person who is curious and a loves learning, who seems to always know what to say, who has an optimism that can overcome any difficult situation, and who seems to be able to master almost any skill.
Charismatic and Playful
Based on the Mayan Tzolk’in or ‘Mayan Astrology’ tradition, Michel Camdessus is someone who is used to being the center of attention, and who has a playful approach to dealing with life.
They are also someone who is patient, assertive, and who is a natural leader that likes to help others in need.
Patient and Compassionate
According to Judaism’s Kabbalah tradition, Michel Camdessus tends to be someone who approaches life with grace and compassion, and who has a powerful and commanding personality. Who can be analytical, patient, and deliberate, avoiding risks and seeking out stability instead.
Some of Michel Camdessus's challenges
While Michel Camdessus has many strengths, nobody is perfect. They also have some challenging traits they need to manage.
For example, Michel Camdessus can be Stubborn, Idle, Emotional, Standoffish, Difficult, Perfectionist, and Domineering.
Stubborn and Idle
One of Michel Camdessus's key challenges is that they are someone who can be seen as stubborn and, at times, lazy.
Michel Camdessus must also exercise caution as they can have difficulty dealing with responsibility, authority, or criticism.
Domineering and Impatient
Michel Camdessus is someone who can be demanding, egotistical, and controlling, can have a lack of judgment regarding personal finances, be argumentative and stubborn, and who can have a tendency to be withdrawn and spend time in self-imposed isolation.
Materialistic and Aggressive
Finally, Michel Camdessus also can be materialistic, emotional, aggressive, stubborn, inconsistent, and be prone to big temper outbursts.