Elvira Nabiullina Quotes

I have full confidence in the IMF. It is a very strong international institution.

Japan is the largest creditor country in the world, so we have made contributions to the stability of international markets and we want this IMF meeting to confirm that we will continue to contribute.

By the way, the European Union Member States together - even the euro area Member States together - are by far the biggest contributors to the IMF.

The IMF is set up to deal with liquidity crises.

The IMF acts on the mandate of the international community.

We interpret our agreement with the IMF - our participation in the IMF's system of cooperation - as a borrowing agreement. The IMF sees it as an economic policy agreement. This is not in our interest.

The good thing about the IMF is there is no European politics involved.

The stability of global financial markets is a public good. If governments fail to protect this public good, then those who suffer are the working people of the world whose jobs, whose homes, and whose standard of living depends on it.

Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.

The role of G-20 is to support the global economy to achieve strong, sustainable and balanced growth.

Unlike many of its European neighbors, Britain shares many of America's financial traits.

I believe if we and the Mexicans make a very sensible trade agreement, the Mexican peso will recover quite a lot.

I think that sharing information about our economies, the way that the central banks do in Basel and other forums, is quite useful. But it's sharing information. It's not coordinating policy. It's not coordinating a single monetary policy.

By promising to intervene in vulnerable markets in the event of excessive financial volatility, the IMF, as the largest player, would reduce coordination problems among investors.

I also believe that most of the emerging economies have a fairly large amount of foreign exchange reserves, relative to 10 years ago.

Nearly every one of the foreign financial crises of recent decades has led to an increase in the U. S. trade deficit.

The International Monetary Fund is the doctor to sick economies.

Like air traffic, the free movement of capital needs controls.

The Bretton Woods agreement will enthrone a world dictatorship of private finance more complete and terrible than an Hitlerite dream. It offers no solution of world problems, but quite blatantly sets up controls which will reduce the smaller nations to vassal states and make every government the mouthpiece and tool of International Finance. It will undermine and destroy the democratic institutions.

It does not mean of course that the pound here in Britain in your pocket has been devalued .

Currency stabilization is just one of the old fetishes of so called ‘international bankers”.

American investors [abroad] receive an interest return higher by at least 2 percent on the average than they would receive from similar government or industrial investment within the United States …. It is obvious that they are taking a correspondingly greater risk. A considerable portion of this investment is in areas (as in parts of Latin-America) where political unrest is chronic and where legislation changes rapidly, or in areas in which there is a serious possibility of war or bankruptcy.

… international confidence is the foundation stone of international credit, and international credit is essential to international trade.

Economic cooperation makes the American people and others around the world more prosperous and secure.

International economic cooperation has delivered benefits to the United States and other countries that would have been impossible to attain otherwise.