16 Quotes by Timothy Adams

We're going to give them the benefit of the doubt that they will do what they say they are going to do. We would just urge them to undertake a quicker pace of reform.

China's current account surplus is now a major component of global imbalances, and its continuation risks undermining support for the open trade policies which have contributed so much to China's development. China is now simply too large to rely on export-led growth to pick up the slack when other sources of growth falter.

I expect ministers and governors will discuss steps taken to address supply and efficiency issues, as well as technical measures such as the improvement of data availability.

I encourage Malaysia to continue with structural reforms, improvements to the investment climate and strengthening of the financial services sector.

We have been very supportive of the reforming of the exchange-rate regime, but implied in that support is taking them at their word that over time they'll achieve greater flexibility and an exchange rate that increasingly reflects underlying supply and demand,

We want to be sure that the way we address the imbalances maximizes growth. It's a shared responsibility.

What we tried to do is take a quantum leap in sophistication and scope. It gives you a picture of the truly complex nature of what we are trying to do.

There have been times over the past few weeks, I will admit, that I was concerned that we weren't going to be able to get this deal done. And there are still countries out there that have yet to lend their full support,

As a result neither China, nor the global economy, has reaped the benefits of a more flexible exchange rate.