Emerging market incomes continue to grow despite trade impacts – Lagarde

Christine Lagarde

Emerging market economies generally take “a more favourable view” of trade and its labour market impact than their advanced-economy counterparts, according to the managing director of the International Monetary Fund.

In her opening remarks at the IMF and World Bank’s annual meeting, Christine Lagarde took stock of how trade had “negatively” affected emerging markets following their integration into international trade networks.

“These include rising income inequality, increasing wage premia fo

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