Regulation is necessary, particularly in a sector, like the banking sector, which exposes countries and people to a risk.
Interpretation
Regulation is crucial for managing risks in the banking sector to protect both nations and individuals.
Christine Lagarde emphasizes the importance of regulation in the banking sector, highlighting that the financial system poses risks to both countries and individuals. Proper oversight and rules are essential to ensure stability, protect consumers, and prevent financial crises that could have far-reaching consequences.
In practice
In a speech on financial reform, I might say, 'As Christine Lagarde wisely pointed out, regulation is necessary in the banking sector to mitigate risks.'
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.
Tackling climate change is a collective endeavour, it means collective accountability and it's not too late
I have lived with extraordinary women, whether it was my grandmother, my mother. My father passed away when I was 16... I was witness to a woman who single handedly brought up the entire family and managed to do everything... She was an extraordinary role model for me.
I'm of those who believe that excesses in all matters are not a good idea, whether it's formation of bubbles, whether it's excess in the financial market, whether it's excess of inequality, it has to be watched, it has to be measured, and it has to be anticipated in terms of consequences.
You know, when I sit in meetings and things are very tense and people take things extremely seriously and they invest a lot of their ego, I sometimes think to myself, 'Come on, you know, there's life and there's death and there is love.' And all of that ego business is nonsense compared to that.
Very often as a little girl, then as a young woman, I have suffered my lot of discrimination. I was brought up with brothers; I grew up in a boys' world. You have to elbow your way in. When you come with that sentiment of having been in a minority for a long period of time, then you are much more attentive to minorities.
The true minister is in his pulpit not because he has chosen that profession as an easy means of livelihood, but because he could not help it, because he has obeyed an imperious summons that will not be denied.
Never lead your soldiers to battle if you have not first confirmed their spirit and known them to be without fear and ordered; and never test them except when you see that they hope to win.
When you look at the development of the American presidency, you see that the presidents who have had the greatest impact are the ones who fit their times most successfully.
The Navy can lose us the war, but only the Air Force can win it. Therefore our supreme effort must be to gain overwhelming mastery in the Air. The Fighters are our salvation . . . but the Bombers alone provide the means of victory. . . . In no other way at present visible can we hope to overcome the immense military power of Germany.
A leader. . .is like a shepherd. He stays behind the flock, letting the most nimble go out ahead, whereupon the others follow, not realizing that all along they are being directed from behind.
After years of telling corporate citizens to 'trust the system,' many companies must relearn instead to trust their people - and encourage their people to use neglected creative capacities in order to tap the most potent economic stimulus of all: idea power.
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