Gita Gopinath

Fiscal policy should balance growth, equity, and sustainability concerns, including protecting society's most vulnerable. ”

Having a proper understanding of countries' external positions - current accounts, stock positions, and currencies - is critical to highlight policymakers' shared responsibility to tackle external imbalances before they become too risky. ”

In reality, while currency movements can have a significant impact on inflation in other countries, dollar movements have rarely had a meaningful or durable impact on prices in the U.S. ”

With all the globalisation that has taken place, countries are a lot more interdependent and therefore 'coupled.' ”

There are limits to how much countries can spend. ”

It is important for India to stay the course on fiscal consolidation. ”

Fiscal policy is a very important part of the tool kit for policy makers. ”

Opponents of central-bank intervention are right about one thing: monetary financing carries serious risks. In order to ensure that it is as safe and effective as possible, it must be used primarily in the event of self-fulfilling debt crises. ”

By promising to intervene in vulnerable markets in the event of excessive financial volatility, the IMF, as the largest player, would reduce coordination problems among investors. ”

Emerging market and developing economies have benefited from monetary easing in major economies but have also faced volatile risk sentiment tied to trade tensions. ”