When in one area of the world the standard of living and the size of the middle class increases, it is going to have an effect elsewhere in the world as well.
Christine LagardeSocial unrest and protectionism are the two major risks of the world economic crisis.
Christine LagardePeople can buy the kind of things they consider as normal and take for granted because of globalization and trade and use of supply chains and the reduction of the cost base of the manufacturing of some products.
Christine Lagarde