There is not an alternative to the US as the engine for growth.
More Quotes from Rodrigo Rato:
There is a need to reduce obstacles to both upstream and downstream investment, and to invigorate conservation programs. These measures will take some time to show effect but surely the sooner we start the better.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
And it's also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future.
Rodrigo Rato
Alleviation of that debt will help achieve a substantial poverty reduction.
Rodrigo Rato
We don't see a great reduction in demand... There have been some hints that demand will be receding in the second quarter, but we see strong demand in the world.
Rodrigo Rato
We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy.
Rodrigo Rato
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