Rodrigo Rato
Rodrigo Rato
Rodrigo de Rato y Figaredois a Spanish political figure who served in the government of Spain as Minister of the Economy from 1996 to 2004; a member of the conservative People's Party, he was also First Deputy Prime Minister from 2003 to 2004. Subsequently he became Managing Director of the International Monetary Fundand served from 2004 to 2007...
NationalitySpanish
ProfessionPolitician
Date of Birth18 March 1949
CountrySpain
aware clearly companies consumers increase oil true
We see clearly that governments have to make consumers and companies aware of the true prices. This is not going to be just a short-lived increase in the oil prices.
advantage chinese clearly flexible gradual monetary move recognize system
I think the Chinese authorities, one, clearly recognize the advantage to move to a more flexible monetary system and, two, they recognize it has to be done in a gradual way but that it has to be done without delay,
cleared consistency data issues regarding
Those arrears have been cleared but also there are issues right now regarding the consistency of data and we are working on that.
clear current europe policy stable until
In Europe we think that the current policy of the ECB is appropriate... At least that is until there is a clear and stable recovery.
allow clearly economy footing government indian moving path perform prospects reform strong
So we see clearly that the Indian government is moving in a path of reform that will allow the Indian economy to perform on a strong footing in future. We think that the prospects for the Indian economy are very good.
clear committee given mandate proposals
The committee has given me a clear mandate to make some proposals in Singapore.
clearly corrected decline dollar growth interest pose prosperity rise risks serious
These imbalances pose serious risks to prosperity, because they are clearly unsustainable, and if they are corrected in a disorderly way, through an abrupt decline in the U.S. dollar and rise in U.S. interest rates, growth and prosperity all over the world will be threatened,
actions aware banks central partners reduce respect risks sure
There are actions governments and central banks can take to reduce the risks of that outbreak, and we are making sure that all partners in this respect are aware of what they can do.
continuing economic global good large performance problem rests shaky
The problem is that good economic performance rests on a shaky foundation, because of large and continuing global imbalances.
demand great hints reduction second strong
We don't see a great reduction in demand... There have been some hints that demand will be receding in the second quarter, but we see strong demand in the world.
budget good year
This year is going to be challenging for the budget in the U.S. and probably we are going to see a resurgence of a deficit, which is not good news.
acute recovery
We see a recovery in Europe, not very acute but a recovery, and we see a more broad-based recovery in Japan.
economy expected faster growing
We see the world economy growing faster than we expected in September.
few next
We should be able to have this in the next few weeks.