Georgieva en la reunión del FMI

Destacó la tarea de la Argentina en su manejo de la economía.

Transcript

00:00¿Qué es la economía real?

00:30¿Qué es la economía real?

01:00¿Qué es la economía real?

01:02¿Qué es la economía real?

01:06¿Qué es la economía real?

01:08¿Qué es la economía real?

01:10¿Qué es la economía real?

01:14¿Qué es la economía real?

01:16¿Qué es la economía real?

01:20¿Qué es la economía real?

01:22¿Qué es la economía real?

01:26¿Qué es la economía real?

01:28¿Qué es la economía real?

01:30¿Qué es la economía real?

01:32¿Qué es la economía real?

01:34¿Qué es la economía real?

01:36¿Qué es la economía real?

01:38¿Qué es la economía real?

01:40¿Qué es la economía real?

01:42Es difícil llegar allí si las dos más grandes economías todavía encuentran su pieza.

01:50Y obviamente desde la perspectiva de la economía mundial, es importante que el resultado de todo esto sea un sistema más fairer, jurídico-based.

02:09Ultimately, trade is like water.

02:14When countries put an obstacle in the form of tariff and non-tariff barriers, the flow diverts.

02:22Some sectors in some countries may be flooded by cheap imports.

02:28Others may see shortages.

02:31Trade goes on, but disruptions incur costs.

02:36We will quantify this cost in our new World Economic Outlook to be released next week.

02:45In it, and I see our chief economist right here, he would make the presentation.

02:51In it, our new growth projections will include notable markdowns, but not recession.

03:00Third observation.

03:02Protectionism erodes productivity over the long run, especially in smaller countries.

03:09Shielding industries from competition reduces incentives for efficient resource allocation.

03:18Past productivity and competitiveness gains from trade erodes.

03:23Entrepreneurship gives way to special pleadings for exemptions, protection and state support.

03:31This hurts innovation.

03:34Finally, let me go to the third major priority and the most pressing one by far.

03:42Ensuring that there can be cooperation in a multipolar world.

03:48In trade policy, the goal must be to secure a settlement among the largest players that preserve openness and deliver, very important,

04:00deliver a more leveled playing field.

04:05To restart a global trend towards lower tariff rates while also reducing non-tariff barriers and distortions.

04:15We need a more resilient world economy, not a drift to division.

04:22And to facilitate the transition, policies must allow...