The Diplomat
People, composure and the difficult conversation held well.
Kristalina Georgieva earns The Diplomat because her job demands it daily. Steering the IMF's 190 member countries through crises from COVID-19 to sovereign debt emergencies, she has built credibility across ideologically opposed governments and mediated the tensions between creditor and debtor nations without letting coalitions fracture.
“Not very common. I actually, you know, it's very interesting you're saying that one of our members made an interesting comment saying, well, the IMF is like an island of cooperation. And it is true. So why is that so? I have a theory on that.”
“Emerging and developing markets? I think it is a very positive development because who does the World Bank serve the emerging markets, the developing economies? Who is the biggest demandur of resources from the fund, emerging markets and developing economies?”
“I think that countries that have the comparative advantage, cheap energy, preferably renewable energy, high level of investment in research and development. They have responsibility to move the frontier. And then, of course, share what they get with the rest of the world.”
“At that time, there was fiscal space, there was monetary policy space that was possible. Today, not possible. Actually, one big problem we face, and when I talk about the world is doing well, but not perfectly, is that when countries put in place various programs to support people and businesses, And they don't need them anymore, it's ver…”
The David Rubenstein Show: “Kristalina Georgieva”
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