This is an institution based on the representation of countries based on their economic weight in the world economy. The world economy is not a frozen thing it changes over time.
More Quotes from Rodrigo Rato:
Most cases, I would say, in a huge amount of cases, countries that have worked with us and have used our financial facilities have come out quick... more quickly and in a better shape from a crisis than would have come out otherwise.Rodrigo Rato
We also need a fund that can say 'no'.
Rodrigo Rato
These measures would take some time to have their full effect, but taking them would help calm the oil market.
Rodrigo Rato
We have believed for many years, much earlier than anyone else was talking about this issue, that it was in the interest of China to evolve to a more flexible exchange rate system.
Rodrigo Rato
We are not talking about working conditions in Africa, we are talking about a working week of 48 hours. I have many friends who work more than that.
Rodrigo Rato
We see the world economy growing faster than we expected in September.
Rodrigo Rato
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So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.
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