New Perspectives on Asia’s Role in the Global Economy, Inaugural Bank of Thailand Policy Forum – Dinner Speech By Christine Lagarde, IMF

Christine Lagarde, Managing Director, Internat...

Christine Lagarde, Managing Director, International Monetary Fund (Photo credit: Wikipedia)

This is a very interesting read. It’s the Inaugural Bank of Thailand Policy Forum – Dinner Speech, b y Christine Lagarde, Managing Director of the International Monetary Fund, in Bangkok, Thursday, July 12, 2012.

via New Perspectives on Asia’s Role in the Global Economy, Inaugural Bank of Thailand Policy Forum – Dinner Speech By Christine Lagarde, IMF.

For me, there were lots of interesting insights here. I noted the downgrade of global growth and cautious optimism on Europe but candid recognition that there’s a long way to go. The majority of the speech was an attempt to harness the IMF to the Asian growth wagon.

IMF chief Christine Lagarde in last-ditch struggle to raise funds | Business | The Guardian

Managing Director Christine Lagarde

Managing Director Christine Lagarde (Photo credit: International Monetary Fund)

This is a good article by Larry Elliott at the Guardian. Check it out!

via IMF chief Christine Lagarde in last-ditch struggle to raise funds | Business | The Guardian.

I particularly noted Christine Lagarde‘s reference to concerns about five “dark clouds” gathering over the global economy:

    • High unemployment
    • Slow growth
    • Over-rapid deleveraging by banks
    • Strains in the eurozone and
    • Higher oil prices
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