Lagarde believes strong US role key to global recovery


International Monetary Fund managing director, Christine Lagarde, used a speech to  Washington on April 3 to emphasise the need for the US to take a prominent role in  economic recovery.

Highlighting the leadership shown by the US during past periods of economic upheaval, such as the post-World War II period, Lagarde emphasised that despite the greater role being played in the IMF by emerging market economies, the US still has an important leadership role.

"If the European economy falters, the

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