We cannot just look at a country by looking at charts, graphs, and modelling the economy. Behind the numbers there are people.
Christine LagardeCountries like Canada, Korea, China, Germany can and should use fiscal space. Some of them are doing it, not all.
Christine LagardeIf inflation is the genie, then deflation is the ogre that must be fought decisively.
Christine LagardeThere 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 Lagarde