History has taught us that, if not managed carefully, infrastructure investments can lead to a problematic increase in debt, i have said before that, to be fully successful, the Belt and Road should only go where it is needed. I would add today that it should only go where it is sustainable, in all aspects.

Christine Lagarde

Categorized in : Business

Consumption has massively benefited from globalization.

Christine Lagarde

globalization consumption

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 Lagarde

size class world

It so happens that because all the economies are strongly inter-connected and aggregated, there is trade that is happening not just from China to the rest of the world, but from the rest of the world to China as well, and that is going to continue.

Christine Lagarde

china economy world

Canada stands out as making a sensible and positive contribution to the world. I'm saying that maybe because of its inclination toward multilateralism. Support for the environmental protection cause. It's relationship between people and nature.

Christine Lagarde

environmental support people

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.

Christine Lagarde

men moving thinking

We need to put our good research, our good work, our principles into actionable items whenever we can.

Christine Lagarde

research principles needs

The Egyptian society needs to include its women if it wants to have economic prosperity.

Christine Lagarde

prosperity want needs

Before a negotiation can proceed and be completed, what is outside the scope of negotiation needs to be agreed.

Christine Lagarde

negotiation scope needs

The difficulty that negotiators have is often based on the cultural difference that various countries have.

Christine Lagarde

difficulty differences country

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.

Christine Lagarde

cost use people

There are goods that are outside trade and in the public domain and that should be reserved and protected.

Christine Lagarde

domain trade should

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.

Christine Lagarde

diversity growth thinking

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.

Christine Lagarde

issues nice running

Regulation is necessary, particularly in a sector, like the banking sector, which exposes countries and people to a risk.

Christine Lagarde

risk country people

Tackling climate change is a collective endeavour, it means collective accountability and it's not too late

Christine Lagarde

accountability inspiring mean

You are never wrong when you have voted because you've acted in accordance with your conscience and your beliefs, and you've exercised your democratic right, which is, you know, perfectly legitimate in our democracies.

Christine Lagarde

democratic democracy belief

All stakeholders must participate in the gains and losses of any particular situation.

Christine Lagarde

gains responsibility loss

There is a very strong linkage between U.S. banks and European banks. There are plenty of European employees that are employed by U.S. companies, and there are plenty of U.S. employees that are employed by European companies.

Christine Lagarde

linkages employee strong

While the resumption of trade talks between the United States and China is welcome, tariffs already implemented are holding back the global economy, and unresolved issues carry a great deal of uncertainty about the future.

Christine Lagarde

business

Over the last five years, technology growth in China has been extremely successful and allowed millions of new entrants to benefit from access to financial products and the creation of high-quality jobs, but it has also led to two firms controlling more than 90% of the mobile payments market.

Christine Lagarde

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