54 Quotes by Rodrigo Rato
- Author Rodrigo Rato
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So we see clearly that the Indian government is moving in a path of reform that will allow the Indian economy to perform on a strong footing in future. We think that the prospects for the Indian economy are very good.
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- Author Rodrigo Rato
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oil prices have become certainly a threat to the world economy.
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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.
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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.
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This is an historic moment which will allow these countries to increase spending in priority areas to reduce poverty, promote growth, and to make progress towards achieving the (UN) Millennium Development Goals.
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There is very strong demand and we don't see that demand receding. Prices are not going back to the levels seen at the beginning of 2004.
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They are opening their exchange rate to market forces. That is what we advised them to do and they should continue in that direction. They need to strengthen their banking system, and that is a big challenge.
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- Author Rodrigo Rato
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This is a very good moment for Latin America to take advantage of very good economic circumstances.
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In Europe we think that the current policy of the ECB is appropriate... At least that is until there is a clear and stable recovery.
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