Improved productivity is another direct benefit of globalization. Christine Lagarde More Quotes by Christine Lagarde More Quotes From Christine Lagarde In the 2013 Economists Program, we hired 51 percent women, 49 percent men. And the reason for that is that we have a draft from all over the world, and we've hired, for instance, in that group, a good number of Chinese economists - highly qualified, all Ph.D.s from the best universities of the world. And guess what? They're all women. Christine Lagarde best good women men I do believe women have different ways of taking risks, of ruminating a bit more before they jump to conclusions. And I think that as a result, particularly on the, on, you know, on the trading floor, in the financial markets in general, the approach would be different. Christine Lagarde think you women believe We need to be very flexible and not start creating the anticipation that the exit is in the next few weeks, months. Christine Lagarde Given the persistence that we need to demonstrate to deliver on our commitment, forward guidance will certainly be revisited. Christine Lagarde There are clearly signs of improvement, progress with vaccination campaigns and an envisaged gradual relaxation of containment measures underpin expectations of a firm rebound in economic activity in the course of 2021. Christine Lagarde That's the moment which I think is the most difficult, the most subtle, and where judgment will have to be applied. Christine Lagarde We have this extraordinary move from the Europeans altogether deciding to borrow together, but it's now a question of delivering. Christine Lagarde We have vaccines — more by the week, which is good. They're being manufactured, they're being distributed, but people are not yet vaccinated. So it's going to take a while until we have this herd immunity, which will not be in and of itself satisfactory because we have the variants. Christine Lagarde We expect the upswing to gather pace around the middle of the year, even if the uncertainties persist, let’s be clear: we will not see a return to pre-pandemic levels of economic activity before mid-2022. Christine Lagarde Once the impact of the pandemic fades, a recovery in demand, supported by accommodative fiscal and monetary policies, will put upward pressure on inflation over the medium term. Christine Lagarde The resurgence of the pandemic and the associated intensification of containment measures have likely led to a decline in activity in the fourth quarter of 2020 and are also expected to weigh on activity in the first quarter of this year. Christine Lagarde