Christine Lagarde Quotes
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There is a very strong linkage between U.S. banks and European banks. There are plenty of European employees that are employed by U.S. companies, and there are plenty of U.S. employees that are employed by European companies.
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Gender-dominated environments are not good... particularly in the financial sector where there are too few women. In gender-dominated environments, men have a tendency to... show how hairy chested they are, compared with the man who's sitting next to them. I honestly think that there should never be too much testosterone in one room.
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I know this is economic jargon, but essentially, if you bring more women to the job market, you create value, it makes economic sense, and growth is improved. There are countries where it's almost a no-brainer: Korea, Japan, soon to be China, certainly Germany, Italy. Why? Because they have an aging population.
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I hate to say there are female and male ways of dealing with power, because I think each of us has a male and a female part. But based on my own experience, women will tend to be inclusive, to reach out more, to care a little more.
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In the 2013 Economists Program, we hired 51 percent women, 49 percent men. And the reason for that is that we have a draft from all over the world, and we've hired, for instance, in that group, a good number of Chinese economists - highly qualified, all Ph.D.s from the best universities of the world. And guess what? They're all women.
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I think there are multiple studies now to demonstrate that diversity, a better balance between genders, but also between different fields as well, is actually conducive to better growth, better bottom line, better results.
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If female were working in the same proportion as men do, the level of GDP would be up 27 percent in a country like India, but also up 9 percent in Japan and up 5 percent in the United States of America. It's not just a moral issue, not just a philosophical issue. It just makes economic sense.
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You are never wrong when you have voted because you've acted in accordance with your conscience and your beliefs, and you've exercised your democratic right, which is, you know, perfectly legitimate in our democracies.
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I guess economists, it's a bit like scientists; you have definitely fewer women in that field.
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It's a question of not so much pushing the boys out of the picture, but making the whole frame bigger so that both men and women access the labor market, contribute to the economy, generate growth, have jobs, and so on.
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I was praised in the U.S. and heavily, brutally criticized in France.