Showing 10 of 41 quotes
To help resolve conflicts, the rules-based multilateral trading system should be strengthened and modernized to encompass areas such as digital services, subsidies, and technology transfer. ”
Rather than waiting for a crisis to erupt before intervening, the IMF should provide 'forward guidance' on how it will tackle potential disruptions in international financial markets. ”
One of the strengths of the U.S. economy is its ability to most efficiently employ resources both domestically and from around the world and outsourcing is one such example of this. ”
When I was doing my bachelors from Delhi University, India experienced its first major external financing and currency crisis in 1990-91. This inspired me to pursue graduate work in economics and was the foundation for my interest in international finance. ”
The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy. ”
Unfortunately, governments do not have a philanthropic approach towards future governments. ”
If you waive loans, it will encourage everyone to opt for more as they think they can get away with it in future. ”
Across all economies, the imperative is to take actions that boost potential output, improve inclusiveness, and strengthen resilience. ”
Countries with fiscal space should invest in physical and social infrastructure to raise potential growth. ”
An intensification of trade or geopolitical tensions - with negative repercussions for global growth and risk appetite - could affect economies that are highly dependent on foreign demand or external financing. ”