Lagarde vê sinais de estabilização da economia mundial

For the director of the IMF, the world economy situation is no longer dark, but there are still weaknesses that need to be addressed

| 03/18/2012 11:04

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Christine Lagarde says economy shows signs of stabilizing, despite weaknesses persist

The managing director of the International Monetary Fund (IMF), Christine Lagarde said Sunday in Beijing that the world economy shows "signs of stabilization", despite the difficulties to face some "weaknesses". "These years were extremely difficult in many places the world. And in recent months, including the situation was grim, "said the China Development Forum, which met over the weekend in Beijing businessmen and investors from around the world, and Chinese authorities.



"Today we see new signs of stabilization, signs that the policies bear fruit. The market is distended and the recent economic indicators begin to improve, including the United States," he added Lagarde.Lagarde also highlighted the "important advances with the renewed support for the IMF Greece and its European partners. "" After this collective effort, the world economy is no longer on the brink and we have reasons to be optimistic, "Lagarde insisted.

The director of the IMF pointed out, however, that there are still "major economic and financial weaknesses to face," as the persistent weakness of financial systems, a public and private debt that remains very important in many developed economies and much higher oil prices .

Furthermore, Lagarde said that China must "continue redirecting the engines of economic growth, investment and exports to domestic consumption," in order to share the fruits of crescimento.O Chinese Vice Premier Li Keqiang, who for many analisas next year will replace the current Prime Minister Wen Jiabao, stressed the need to rebalance growth of the Asian giant to a higher domestic demand. "We have to use aid projects as vectors of social growth," said Li

A proposal that was endorsed by the Secretary General of the Organization for Economic Cooperation and Development (OECD), Angel Gurria, who more social spending in China would be good for growth because the population would have a "tendency to consume more."