There are goods that are outside trade and in the public domain and that should be reserved and protected.
Christine LagardeWe draw many benefits from globalization that people take for granted. Poverty has been reduced massively around the world. If you look at the Chinese numbers, it is quite mind-boggling: 700 million people taken out of poverty in a matter of 40 years, the poverty rate having moved from over 30 per cent from hardly six per cent now. That would not have happened if there had not been globalization.
Christine LagardeIf inflation is the genie, then deflation is the ogre that must be fought decisively.
Christine LagardeIf you have an overwhelming majority of one sex over the other, and clearly in our case at the moment - and it has been like this for a long time - it is male over female, you tend to have group thinking. You tend to have common references, combined with competition, combined in this case with testosterone. I'm not suggesting it's a toxic mix, but I'm saying it needs to be tempered and altered and modified and made better by diversity.
Christine Lagarde