French - Politician | January 1, 1956 -
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.
Christine Lagarde
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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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I have a theory that women are generally given space and appointed to jobs when the situation is tough. I've observed that in many instances. In times of crisis, women eventually are called upon to sort out the mess, face the difficult issues and be completely focused on restoring the situation.
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My father passed away after three years of debilitating disease, which transformed a very strong and bright man into a real wreck. And that is hard. You have to get out of that stronger, if you can, which I was lucky to be able to. I was the eldest of the family, and I had to support my mother and help my brothers.
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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 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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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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I guess economists, it's a bit like scientists; you have definitely fewer women in that field.
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I'm proud that somebody like myself has made it to the very top.
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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.
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The Europeans governments have massively changed the landscape in Europe. There is no doubt about it. They have put together the European Financial Stability Fund. They have discussed and approved the European Stability Mechanism.
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