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Social unrest and protectionism are the two major risks of the world economic crisis.

Christine Lagarde

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Christine Lagarde
Age: 68
Born: 1956
Born: January 1
Banker
Diplomat
Economist
Lawyer
Politician
Synchronized Swimmer
9th arrondissement
Paris
Christine Madeleine Odette Lallouette
Christine Madeleine Odette Lagarde
World
Risks
Majors
Major
Crisis
Risk
Economic
Social
Protectionism
Two
Unrest

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I think I have a male side about me and you have a female side about you. It's a question of repressing or not.
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Women, as the minority, have to prove their worth all the time. That's the reason we tend to over-prepare, over-study, over-anticipate. I think it's the case with many women leaders. We tend to over do it.
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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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Regulation is necessary, particularly in a sector, like the banking sector, which exposes countries and people to a risk.
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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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Improved productivity is another direct benefit of globalization.
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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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Of course, trade agreements can be beneficial, but of course they need to avoid infringing on certain areas and respect diversity.
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I look under the skin of countries' economies, and I help them make better decisions and be stronger, to prosper and create employment.
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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.
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I'm not in the business of reading tea leaves. I don't have a crystal ball.
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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.
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I guess economists, it's a bit like scientists, you have definitely fewer women in that field.
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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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Our fortunes rise together, and they fall together. 'All men are brothers,' said the Analects. We have a collective responsibility-to bring about a more stable and more prosperous world, a world in which every person in every country can reach their full potential.
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When women do better, economies do better.
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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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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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Unless we take action on climate change, future generations will be roasted, toasted, fried and grilled.
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We Need a RESET IN THE WAY THE ECONOMY GROWS Around the World
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