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Lou Jiwei Quotes

In 2008, when Lehman Brothers collapsed, we anticipated that Europe was going to have a very different bailout scheme than the U.S. because of their different political systems and different relationships between the central banks and the fiscal authorities Picture Quote #1
The euro zone must strike for a better governance structure, and there is no alternative to that. Euro zone countries must either develop an exit mechanism for troubled members, or it should embrace a closer political union: an effective governance structure that is capable of enforcing rules Picture Quote #1
Austerity policy without currency devaluation can only hamper economic growth Picture Quote #1
Infrastructure investment can boost economic growth and employment, and, in fact, it is fiscally neutral Picture Quote #1
Indebted countries can only grow out of their debt troubles through strong economic growth; austerity measures alone cannot work. It is imperative to engage in deep structural reform to spur growth Picture Quote #1
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In 2008, when Lehman Brothers collapsed, we anticipated that Europe was going to have a very different bailout scheme than the U.S. because of their different political systems and different relationships between the central banks and the fiscal authorities.  (Lou Jiwei Quotes) The euro zone must strike for a better governance structure, and there is no alternative to that. Euro zone countries must either develop an exit mechanism for troubled members, or it should embrace a closer political union: an effective governance structure that is capable of enforcing rules.  (Lou Jiwei Quotes) Austerity policy without currency devaluation can only hamper economic growth  (Lou Jiwei Quotes) Infrastructure investment can boost economic growth and employment, and, in fact, it is fiscally neutral.  (Lou Jiwei Quotes) Indebted countries can only grow out of their debt troubles through strong economic growth; austerity measures alone cannot work. It is imperative to engage in deep structural reform to spur growth.  (Lou Jiwei Quotes)