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BBCNEWS Talking Business June 4, 2024 02:41:00

Impetus for policymakers to quickly shift gear to address problems that are coming. in other words, we learned our lesson from the pandemic and from the war. expect the unexpected. scan the horizon for what may come. take early action. one other thing we know the war in ukraine has done is it s caused a global fragmentation broadly, kristalina, between those western countries who have imposed sanctions and others like china and india and many gulf states who have not. you have 190 countries as members. does this fragmentation concern you about the ability to take coordinated action? it is ourjob to keep this 190 members together for the sake of macroeconomic and financial stability. and so far, we have seen a remarkable resilience ....

Kristalina Georgieva , Fragmentation Concern ,

BBCNEWS Talking Business June 4, 2024 15:41:00

What we do see is a stronger impetus for policymakers to quickly shift gear to address problems that are coming. in other words, we learned our lesson from the pandemic and from the war. expect the unexpected. scan the horizon for what may come. take early action. one other thing we know the war in ukraine has done is it s caused a globalfragmentation broadly, kristalina, between those western countries who have imposed sanctions and others like china and india and many gulf states who have not. you have 190 countries as members. does this fragmentation concern you about the ability to take coordinated action? it is ourjob to keep this 190 members together for the sake of macroeconomic and financial stability. ....

Kristalina Georgieva , Fragmentation Concern ,

BBCNEWS Talking Business June 4, 2024 22:41:00

In other words, we learned our lesson from the pandemic and from the war. expect the unexpected. scan the horizon for what may come. take early action. one other thing we know the war in ukraine has done is it s caused a globalfragmentation broadly, kristalina, between those western countries who have imposed sanctions and others like china and india and many gulf states who have not. you have 190 countries as members. does this fragmentation concern you about the ability to take coordinated action? it is ourjob to keep this 190 members together for the sake of macroeconomic and financial stability. and so far, we have seen a remarkable resilience among our membership to act decisively, where the fund has to step up. ....

Kristalina Georgieva , Fragmentation Concern ,