Rato on the IMF and global imbalances

In the speech 'How the IMF can help promote a collaborative solution to global imbalances' given on 4 April Rodrigo de Rato of the IMF proposed a multilateral forum where developing and industrialized nations can address ways to rebalance the global economy.

The Washington-based lender has so far been "insufficiently persuasive" in its advice to member countries on global imbalances, Rato said in prepared remarks at Harvard University.

"Global imbalances are the problem not of just one country

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