IMF: The world has not learned the lessons of the 2008 crisis – RPP News

The IMF Managing Director, Christine Lagarde, said that the world has not learned the lessons of the economic crisis of 2008 and attributed the slow economic growth that reason
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the representative of the International Monetary Fund (IMF) said in the newspaper “Le Figaro” that the “fragility” of the global economy, which is expected to grow 3.2% this year, because the “scars” left by the crisis, which “have not been well cured in a number of countries.”

Lagarde referred in particular to the “bad loans of banks remain on their balance sheets, “and that in his opinion” constitute an obstacle “monetary policy” very dynamic and creative that has been applied in the US and more recently in the eurozone and Japan. “

“the fact that monetary policy should pull the economic machine practically alone seems insufficient to return to faster growth,” he said in that interview.

Possible UK departure of the European Union

Lagarde added that his agency will decide in mid-May on the consequences of a possible departure from the UK of the European Union (EU), which reaching occur, he said, would be an “unprecedented” made

EFE

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