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Rodrigo Rato Quotes |
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Type: Politician Quotes Category: Spanish Politician Quotes Date of Birth: March 18, 1949 Nationality: Spanish Find on Amazon: Rodrigo Rato Related Authors: Benjamin Franklin Adlai E. Stevenson Jon Porter Bill Frist John C. White Michael Laws Al From Stephen Martin |
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 And then you might decide that the country can just spend maybe years or decades to regain that credit, or maybe give that county the support, the financial support that the market is not willing not do. Rodrigo Rato Because forgiveness is attached to a procedure of policy. The world countries decided to forgive very low-income countries of the debt. Rodrigo Rato Because the budget deficit is creating a situation in which the United States is not saving enough to finance its own... its own investment. Rodrigo Rato I don't think it's a traumatic situation, but I do think a change in policy is needed to avoid getting into a traumatic situation. Rodrigo Rato I mean, the world has already done a big, big effort to forget debt to countries heavily indebted and with low income. And that has given good chances to countries to get out of poverty. Rodrigo Rato Masood Ahmed brings to the position of director of external relations extensive experience gained in a range of senior positions in international finance and development. 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 Oil prices have certainly become a threat for the world economy. Rodrigo Rato So the American economy needs the world, and the world needs the American economy. Rodrigo Rato There is not an alternative to the US as the engine for growth. Rodrigo Rato To try to correct imbalances with trade restrictions is a grave error. Rodrigo Rato We also need a fund that can say 'no'. 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 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 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 have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that. Rodrigo Rato We would certainly encourage the Italian government to put forward an ambitious agenda of reform. Rodrigo Rato What we have achieved is a good example of how the right policies deliver. Rodrigo Rato |
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