IMF urges better coordination in world politics
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IMF urges better coordination in world politics
Admin Fri Aug 02, 2013 6:43 pm
08/03/2013 12:00 AM
WASHINGTON - Xinhua
Urged the Director of the International Monetary Fund Christine Lagarde on better cooperation in world politics and help economic reforms in the face of the challenges identified in advanced and emerging economies.
Lagarde said: that after the outbreak of the financial crisis, there was a global collaboration 'really intense' in policy making in colloquial 2008 and 2009, but after the easing of the crisis and the global economy begin to recover, reduced the frequency of pressing demands to cooperate.
According to Lagarde at a seminar that there is no recommendation economic reform specific to suit all members of the International Monetary Fund 188, adding that countries must identify various steps to strengthen financial and formulate priorities for reform are different.
Indicated Lagarde that the advanced economies, including the euro area, still face « potentially dangerous and serious », and must be structural reforms and the unity of banking« comprehensive manner »in the cluster with a single currency.
should be on the United States and Japan to install plans strengthening financial medium-term, including the reform programs allocations, in order to provide a degree of safety in the medium term, In the words of Lagarde.
drew Lagarde that the emerging market economies recorded a slow growth in recent times, and that each economy, including the development of policies for, pointing out that countries like India must have more investment and conduct structural reforms to address the bottleneck that rein in growth Economic.
As I mentioned Lagarde that the process of rebalancing economic «are clearly in China», pointing out that in the past two years, there was a political movement in China to modify the engine of economic growth of domestic investment to domestic consumption, and », but we need to see a continuation of this move».
She Lagarde, saying that «the mysterious banking sector in China must be kept under very strict control by the authorities.
http://www.alsabaah.iq/ArticleShow.aspx?ID=51276
WASHINGTON - Xinhua
Urged the Director of the International Monetary Fund Christine Lagarde on better cooperation in world politics and help economic reforms in the face of the challenges identified in advanced and emerging economies.
Lagarde said: that after the outbreak of the financial crisis, there was a global collaboration 'really intense' in policy making in colloquial 2008 and 2009, but after the easing of the crisis and the global economy begin to recover, reduced the frequency of pressing demands to cooperate.
According to Lagarde at a seminar that there is no recommendation economic reform specific to suit all members of the International Monetary Fund 188, adding that countries must identify various steps to strengthen financial and formulate priorities for reform are different.
Indicated Lagarde that the advanced economies, including the euro area, still face « potentially dangerous and serious », and must be structural reforms and the unity of banking« comprehensive manner »in the cluster with a single currency.
should be on the United States and Japan to install plans strengthening financial medium-term, including the reform programs allocations, in order to provide a degree of safety in the medium term, In the words of Lagarde.
drew Lagarde that the emerging market economies recorded a slow growth in recent times, and that each economy, including the development of policies for, pointing out that countries like India must have more investment and conduct structural reforms to address the bottleneck that rein in growth Economic.
As I mentioned Lagarde that the process of rebalancing economic «are clearly in China», pointing out that in the past two years, there was a political movement in China to modify the engine of economic growth of domestic investment to domestic consumption, and », but we need to see a continuation of this move».
She Lagarde, saying that «the mysterious banking sector in China must be kept under very strict control by the authorities.
http://www.alsabaah.iq/ArticleShow.aspx?ID=51276
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