Crisis Quote by Christine Lagarde
“Social unrest and protectionism are the two major risks of the world economic crisis.”
About This Quote
Source Speech: Remarks at IMF/World Bank Spring Meetings, 2020
Social unrest and protectionism are the two biggest threats to global economic stability during crises.
In simple terms: Unrest and protectionism risk the economy.
Address inequality and promote open trade.
Themes
Mood
Type
When to use this quote
- policy making
- business strategy
- public discourse
Key Concepts
Questions to Reflect On
- What policies can reduce unrest while maintaining security?
- How to protect trade without harming domestic industries?
Balancing security and openness is complex.