Quotes by Rodrigo Rato

About Rodrigo Rato:

Rodrigo de Rato y Figaredo is a Spanish political figure who served in the government of Spain as Minister of the Economy from 1996 to 2004; a member of the conservative People's Party (PP), he was also First Deputy Prime Minister from 2003 to 2004. Subsequently he was Managing Director of the International Monetary Fund (IMF) from 2004 to 2007.
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And then you might decide that the country can just spend maybe years or decades to regain that credit, or maybe give that county the support, the financial support that the market is not willing not do.

Rodrigo Rato

Most cases, I would say, in a huge amount of cases, countries that have worked with us and have used our financial facilities have come out quick... more quickly and in a better shape from a crisis than would have come out otherwise.

Rodrigo Rato

So the American economy needs the world, and the world needs the American economy.

Rodrigo Rato

There is not an alternative to the US as the engine for growth.

Rodrigo Rato

To try to correct imbalances with trade restrictions is a grave error.

Rodrigo Rato

Oil prices have certainly become a threat for the world economy.

Rodrigo Rato

We also need a fund that can say 'no'.

Rodrigo Rato

We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy.

Rodrigo Rato

We have believed for many years, much earlier than anyone else was talking about this issue, that it was in the interest of China to evolve to a more flexible exchange rate system.

Rodrigo Rato

We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that.

Rodrigo Rato

Masood Ahmed brings to the position of director of external relations extensive experience gained in a range of senior positions in international finance and development.

Rodrigo Rato

We would certainly encourage the Italian government to put forward an ambitious agenda of reform.

Rodrigo Rato

I mean, the world has already done a big, big effort to forget debt to countries heavily indebted and with low income. And that has given good chances to countries to get out of poverty.

Rodrigo Rato

What we have achieved is a good example of how the right policies deliver.

Rodrigo Rato

And it's also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future.

Rodrigo Rato

Author Bio

  • NameRodrigo Rato
  • DescriptionSpanish politician
  • BornMarch 18, 1949
  • CountrySpain
  • ProfessionPolitician; Economist