Christine Lagarde Quotes
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People 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.
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If 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.
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Social unrest and protectionism are the two major risks of the world economic crisis.
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In the area of trading, it is now an academically demonstrated fact that women tend to be a little bit more risk-adverse. They don't move positions as quickly and as erratically as men. Maybe it is a bit less profitably, but I think it would have been less risky.
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A global world needs global firewalls.
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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.
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France would be reluctant to embrace any proposal by the European Commission to slash agricultural tariffs if it threatened the European Union's Common Agriculture Policy .
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I learned that you can constantly improve, and that you should not be shy about your views, and about the direction that you believe is right.
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There are goods that are outside trade and in the public domain and that should be reserved and protected.
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If Lehman Brothers had been a bit more Lehman Sisters ... we would not have had the degree of tragedy that we had as a result of what happened.
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We need to put our good research, our good work, our principles into actionable items whenever we can.
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The financial industry is a service industry. It should serve others before it serves itself.
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I have a theory that women are generally given space and appointed to jobs when the situation is tough. I've observed that in many instances. In times of crisis, women eventually are called upon to sort out the mess, face the difficult issues and be completely focused on restoring the situation.
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It's a question of not so much pushing the boys out of the picture, but making the whole frame bigger so that both men and women access the labor market, contribute to the economy, generate growth, have jobs, and so on.
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Massive progress has been made in the last five years. More progress has to be made in terms of fiscal union and banking union.
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If inflation is the genie, then deflation is the ogre that must be fought decisively.
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Those negatively affected by globalization, those who are losing their jobs, and losing their skills, people out of training, must be looked after. Governments must establish policies, and governments and companies must actually address that issue, so that those who lose out from globalization can be retrained, recycled, re-established, cared for.
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I'm very much a believer that it's action that matters much more so than, you know, the flurry of political promises and statements and slogans that are used during political campaigns.
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The Europeans governments have massively changed the landscape in Europe. There is no doubt about it. They have put together the European Financial Stability Fund. They have discussed and approved the European Stability Mechanism.
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You know, when I sit in meetings and things are very tense and people take things extremely seriously and they invest a lot of their ego, I sometimes think to myself, 'Come on, you know, there's life and there's death and there is love.' And all of that ego business is nonsense compared to that.
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When women do better, economies do better.
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When you think of a safe and solid arbitration place, you think of Switzerland, Sweden, Canada. Those attributes may be associated with clichés, but I think they resonate with a lot of people and they are a solid base for Canada to co-operate and help others.
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The Egyptian society needs to include its women if it wants to have economic prosperity.
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If climate change issues are not adequately addressed—if we keep running those nice energy subsidies, if the price on carbon is not adequately set, if policymakers don’t have it on their radar screens—then financial stability in the medium and long-term is clearly at stake.
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We 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.
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It's become my brand in a way you know, speaking the truth even though it was not politically correct.
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Countries like Canada, Korea, China, Germany can and should use fiscal space. Some of them are doing it, not all.
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Improved productivity is another direct benefit of globalization.
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I think there are multiple studies now to demonstrate that diversity, a better balance between genders, but also between different fields as well, is actually conducive to better growth, better bottom line, better results.
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Tackling climate change is a collective endeavour, it means collective accountability and it's not too late
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