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No Time to Waste: IMF Managing Director Christine Lagarde

The IMF’s managing director Christine Lagarde gave her first press conference today, in which she outlined three focal issues for the institution:

Our analysis of the connections between and among countries' economies and financial sectors

The credibility of our analysis to countries must be candid and evenhanded

A comprehensive approach to our work that includes employment and social issues to help create stable economies.

Lagarde told the assembled reporters she had arrived in Washington soon after her selection because "there are many issues to address that cannot wait for a summer holiday."

In an interview the day before, Lagarde said sovereign debt and capital flows were two of the main challenges facing the global economy.

Have a look:  [youtube=http://www.youtube.com/watch?v=qcBYTiMwzIY]

 

 

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