Saturday , July 31 2021

The inequality of populism is necessary to stop the liberalization: IMF



Christine Lagarde, Managing Director of the International Monetary Fund (IMF), pointed out that the response to the growing inequalities that nourish populism is a globalization that takes account of more liberalization and respect for the rules, and the environment and participation.

In an interview published by Les Echos, the IMF emphasized that the IMF 39 in particular services röportaj provided more clarity; Because this will increase your efficiency.

L But the real issue is that globalization has to evolve in a different way, with a deliberate concern for better respect for the rules and the environment and for inclusion of peoples, “he added.

Lagarde believes that US President Donald Trump is right when he says that free competition must be fair in every way.

"In many ways, Donald Trump is right."

In his opinion, the main issue today is not the abil non-worrisome Onun economic situation but the ana no doubt Onun policy that its evolution can lead to, serious economic consequences Onun.

While the IMF representative, democracy, life expectancy and health conditions have progressed in the world for the last 40 years, the number of democratic regimes in 2017 has been isi slightly reduced son for the first time.

He also described the increase in populism registered in the last elections and hem an appetite for both right and left authoritarian regimes ı as truly izm worrying Ayrıca.

"The last elections showed the rise of populism and the appetite for authoritarian regimes on the right and left, which is really alarming," he said.

However, Lagarde does not think that the euro area is an epidemic.

Beyond the peculiarities of each country, it is stated in many of them that the middle classes have a stagnation of living standards, that inequalities are aggravated and that there is an anger with ın elites not approved for the mistakes committed bir. makes attractive "simple and populist theses".

The current financial risks for the former French minister are the 60 periphery i of the banking system and Gay public and private debt yıl, which has continued to increase and is currently more than 60% compared to 10 years ago, and the global gross domestic product (GDP) Represents 220%.

The Eurozone saw an encouraging improvement in unemployment figures, but changed its fiscal policies as well as creating a large capital market, considering the need to "conclude construction of the euro and terminate the banking union." Complex.


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