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 More Quotes by Christine Lagarde More Quotes From Christine Lagarde I guess economists, it's a bit like scientists, you have definitely fewer women in that field. Christine Lagarde economistscientistfields Diversity in and of itself is a strong positive. Christine Lagarde diversitystrong 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. Christine Lagarde governmentskillsjobs 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. Christine Lagarde helping-otherspeoplethinking When women do better, economies do better. Christine Lagarde economy 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. Christine Lagarde takennumbersyears I'm not in the business of reading tea leaves. I don't have a crystal ball. Christine Lagarde tea-leavesballsreading Countries like Canada, Korea, China, Germany can and should use fiscal space. Some of them are doing it, not all. Christine Lagarde koreaspacecountry I was praised in the U.S. and heavily, brutally criticized in France. Christine Lagarde france 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. Christine Lagarde campaignspoliticalpromise Massive progress has been made in the last five years. More progress has to be made in terms of fiscal union and banking union. Christine Lagarde progressinspiringyears When my father passed away and then when later on I gave birth, those are sort of ground-breaking experiences that put everything else into perspective. Christine Lagarde passed-awayperspectivefather Improved productivity is another direct benefit of globalization. Christine Lagarde globalizationbenefitsdirect A global world needs global firewalls. Christine Lagarde worldneeds 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. Christine Lagarde governmentdoubteurope 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 . Christine Lagarde agricultureunionswould-be If inflation is the genie, then deflation is the ogre that must be fought decisively. Christine Lagarde geniesdeflationinflation I love cooking. Not for myself alone. Cooking is about giving. Christine Lagarde cooking-lovecookinggiving We would not be enjoying those cellphones and those tablets at the price where they are had it not been for globalization, both in terms of trade and in terms of constant technological innovation. Christine Lagarde tabletsglobalizationinnovation Of course, trade agreements can be beneficial, but of course they need to avoid infringing on certain areas and respect diversity. Christine Lagarde diversityagreementneeds
