David Lipton - International Monetary Fund

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Last quote by David Lipton

After all of the hard work she has done, one can understand her moving on. Running the National Bank of Ukraine has never been and is not an easy job. But there is no doubt that Ukraine can and will find someone to carry forward the good hard work that she has done.feedback
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May 05 2017 Ukraine Crisis
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which David Lipton is associated, including Middle East, Ukraine, and bank. Most recently, David Lipton has been quoted saying: “Governor Gontareva has done a fantastic job in an incredibly difficult situation, despite huge resistance from some people and political factions.” in the article She fixed Ukraine’s economy -- and was run out of her job by death threats - The Washington Post.
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David Lipton quotes

In some areas they're very ambitious, the reforms are very significant … China's policies contribute a lot to the collective G-20 (Group of 20) effort so China is doing a lot [but] I think it's also fair to say that they're not yet doing enough.feedback

We consider the economy to be growing comfortably. It's been growing at about 2.4% and we expect that again in 2016. We consider this to be a solid recovery. Of course, in the future, whoever comes in following President Obama, will inherit a healthy economy, I believe, but faces many long-term challenges. As one is seeing in the presidential campaign, there is a lot of discontent among the US population. The middle class has not been thriving.feedback

A combination of monetary and fiscal policy and structural reforms was needed to strengthen growth and guard against risks.feedback

We are in a situation where we see more global hot spots and threats to security than we have seen in quite a long time, perhaps in almost a generation. But I think so far we have not seen these events have an impact that we would call global. There are regional effects, whether that's the conflict in Ukraine or the Middle East. We don't see global effects.feedback

What we are saying is that this is the perfect time to be trying to address that problem, because the infrastructure that you would build would have two very important effects: In the long run it would raise the productivity and the growth of the country by providing an infrastructure that could serve the population, it could serve households, it could serve the needs of businesses. But, of course, in the short run the construction of the infrastructure is an added demand. And so this is one policy that both raises demand and supply.feedback

I think going forward it's important that the supervisors, the people that supervise banks, make sure that banks behave in a safer way. The international financial community had a project of financial regulatory reform ongoing for several years. I think it is making a lot of progress. We are not satisfied that everything is in place, but it will be very important that new rules are adopted and followed, so that the problems that brought down the world financial system can not recur.feedback

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