The IMF President Christine Lagarde said developments in the global economy are not very encouraging at the last times. The economies need free trade for the betterment of people's lives, international cooperation and economic growth for better future. However, Lagarde stressed that an inclusive growth will be needed. Lagarde commented about economies on the world within the scope of IMF Fall Term meetings. She also said the first priority needed for inclusive growth in the global economy will be getting rid of low growth, employment and wages. Lagarde who stated that to achieve inclusive growth requires more than macroeconomic data, and also the politics of inclusive growth must contain stated growth, national, regional and cultural differences that reflect the social contract. According to Lagarde , the second condition for inclusive growth will be ensuring equal competition for all, increasing equality of opportunity and protection of competition and access to markets.
- Date: 08 October 2016 Sat 14:44
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