Asia reforms key for global economic growth, says IMF chief

• Eastern Eye Staff
• 12 March, 2016

By: Eastern Eye Staff

ASIA is “the world’s most dynamic region” but structural reforms are key given its increasing importance to the global economy, International Monetary Fund chief Christine Lagarde said in New Delhi on Saturday (March 12). Asia already accounts for 40 per cent of the world economy and stands to deliver nearly two-thirds of global growth over the next four years, Lagarde, the IMF managing director, told the Advancing Asia conference in the Indian capital. “Given this vital economic role, making the most of Asia’s dynamism is of great interest to the entire world,” Lagarde, on stage with Indian Prime Minister Narendra…

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