--- title: "Meaning & Key Takeaway of: Countries like Canada, Korea, China…" description: "\"Countries like Canada, Korea, China, Germany can and should use fiscal space. Some of them are doing it, not all.\" — Christine Lagarde" image: "https://sms4smile.com/quotes/i/49f/christine-lagarde-9387_canada_countries-like-canada-korea-china-german_1203158.png" --- # Countries like Canada, Korea, China, Germany can and… ![“Countries like Canada, Korea, China, Germany can and should use fiscal space. Some of them are doing it, not all.” quote by Christine Lagarde](https://sms4smile.com/quotes/i/49f/christine-lagarde-9387_canada_countries-like-canada-korea-china-german_1203158.png) [Download](https://sms4smile.com/quotes/i/49f/christine-lagarde-9387_canada_countries-like-canada-korea-china-german_1203158.png) [Open image](https://sms4smile.com/quotes/i/49f/christine-lagarde-9387_canada_countries-like-canada-korea-china-german_1203158.png) > “Countries like Canada, Korea, China, Germany can and should use fiscal space. Some of them are doing it, not all.” [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Countries should strategically use fiscal space to support growth and stability. **In simple terms:** Use fiscal space wisely. Key Takeaway Allocate fiscal resources for economic resilience. Themes economics policy fiscal management Mood analytical cautious Type policy economic When to use this quote - government budgeting - economic recovery - infrastructure investment Key Concepts budgetary flexibility macroeconomic stability public finance Questions to Reflect On - How can governments balance fiscal prudence with stimulus? - What risks arise from over‑using fiscal space? A Different Perspective Political constraints can limit fiscal freedom. ★ ★ ★ ★ ★ No ratings yet [Canada](https://sms4smile.com/quotes/about/canada/) [China](https://sms4smile.com/quotes/about/china/) [Country](https://sms4smile.com/quotes/about/country/) [Germany](https://sms4smile.com/quotes/about/germany/) [Korea](https://sms4smile.com/quotes/about/korea/) [Space](https://sms4smile.com/quotes/about/space/) ## Related quotes > [Where fiscal space is low, fiscal policy needs to adjust in a growth-friendly manner to ensure public debt is on a sustainable path, while…](https://sms4smile.com/quotes/gita-gopinath/where-fiscal-space-is-low-fiscal-policy-needs-to-adjust-in-a-growth/) [Gita Gopinath](https://sms4smile.com/quotes/author/gita-gopinath/) > [“Arbitrary limits on deficits and debt hinder a nation’s development. Austerity for the sake of balanced budgets or for the sake of preserving fiscal…](https://sms4smile.com/quotes/l-randall-wray-yeva-nersisyan/arbitrary-limits-on-deficits-and-debt-hinder-a-nation-s-development/) L. Randall Wray Yeva Nersisyan > [Countries with fiscal space should invest in physical and social infrastructure to raise potential growth.](https://sms4smile.com/quotes/gita-gopinath/countries-with-fiscal-space-should-invest-in-physical-and-social/) [Gita Gopinath](https://sms4smile.com/quotes/author/gita-gopinath/) > [Welcome to 'Who's Line Is It Anyway' the show where everything's made up and the points don't matter. That's right the points are just…](https://sms4smile.com/quotes/drew-carey/welcome-to-who-s-line-is-it-anyway-the-show-where-everything-s-made/) [Drew Carey](https://sms4smile.com/quotes/author/drew-carey/) > [I feel like Canada is really good at nurturing their artists, and America's not so good at that. The artistic community is so important…](https://sms4smile.com/quotes/lp/i-feel-like-canada-is-really-good-at-nurturing-their-artists-and/) LP > [I get to go to overseas places, like Canada.](https://sms4smile.com/quotes/britney-spears/i-get-to-go-to-overseas-places-like-canada/) [Britney Spears](https://sms4smile.com/quotes/author/britney-spears/) > [I've never seen anything like it since. Some of the Canada Cups came close, but by then a lot of European players came and…](https://sms4smile.com/quotes/marcel-dionne/i-ve-never-seen-anything-like-it-since-some-of-the-canada-cups-came/) [Marcel Dionne](https://sms4smile.com/quotes/author/marcel-dionne/) > [I get to go to lots of overseas places, like Canada.](https://sms4smile.com/quotes/britney-spears/i-get-to-go-to-lots-of-overseas-places-like-canada/) [Britney Spears](https://sms4smile.com/quotes/author/britney-spears/) > [I say a few good things about Canada in the book, you know. Americans are weird, though. We refuse to look at other countries.…](https://sms4smile.com/quotes/peter-moskos/i-say-a-few-good-things-about-canada-in-the-book-you-know-americans/) [Peter Moskos](https://sms4smile.com/quotes/author/peter-moskos/) > [Hello. And welcome to Whose Line is it Anyway?, the show where everything's made up and the points don't matter. The points here are…](https://sms4smile.com/quotes/drew-carey/hello-and-welcome-to-whose-line-is-it-anyway-the-show-where/) [Drew Carey](https://sms4smile.com/quotes/author/drew-carey/) > [The attitude is different in the U.S. I feel like, in Canada, there is more of a sense of community and more of a…](https://sms4smile.com/quotes/patrick-chan/the-attitude-is-different-in-the-u-s-i-feel-like-in-canada-there-is/) [Patrick Chan](https://sms4smile.com/quotes/author/patrick-chan/) > [When a drug comes in from Canada, I wanna make sure it cures ya, not kill ya... I've got an obligation to make sure…](https://sms4smile.com/quotes/george-w-bush/when-a-drug-comes-in-from-canada-i-wanna-make-sure-it-cures-ya-not/) [George W. Bush](https://sms4smile.com/quotes/author/george-w-bush/) > [The Canadian Identity, it seems, is truly elusive only at home. Beyond the borders Canadians know exactly who they are, within they see themselves…](https://sms4smile.com/quotes/roy-macgregor/the-canadian-identity-it-seems-is-truly-elusive-only-at-home-beyond/) Roy MacGregor > [Some say that no one ever leaves Montreal, for that city, like Canada itself, is designed to preserve the past, a past that happened…](https://sms4smile.com/quotes/leonard-cohen/some-say-that-no-one-ever-leaves-montreal-for-that-city-like-canada/) [Leonard Cohen](https://sms4smile.com/quotes/author/leonard-cohen/) > [I like Canada for a number of reasons, politics and people and all that stuff aside. I was raised there, and I write music…](https://sms4smile.com/quotes/devin-townsend/i-like-canada-for-a-number-of-reasons-politics-and-people-and-all/) [Devin Townsend](https://sms4smile.com/quotes/author/devin-townsend/) ## More by Christine Lagarde > [When in one area of the world the standard of living and the size of the middle class increases, it is going to have…](https://sms4smile.com/quotes/christine-lagarde/when-in-one-area-of-the-world-the-standard-of-living-and-the-size-of/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [The Egyptian society needs to include its women if it wants to have economic prosperity.](https://sms4smile.com/quotes/christine-lagarde/the-egyptian-society-needs-to-include-its-women-if-it-wants-to-have/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [Diversity in and of itself is a strong positive.](https://sms4smile.com/quotes/christine-lagarde/diversity-in-and-of-itself-is-a-strong-positive/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [People can buy the kind of things they consider as normal and take for granted because of globalization and trade and use of supply…](https://sms4smile.com/quotes/christine-lagarde/people-can-buy-the-kind-of-things-they-consider-as-normal-and-take/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [Unless we take action on climate change, future generations will be roasted, toasted, fried and grilled.](https://sms4smile.com/quotes/christine-lagarde/unless-we-take-action-on-climate-change-future-generations-will-be/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [In the area of trading, it is now an academically demonstrated fact that women tend to be a little bit more risk-adverse. They don't…](https://sms4smile.com/quotes/christine-lagarde/in-the-area-of-trading-it-is-now-an-academically-demonstrated-fact/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time. All these…](https://sms4smile.com/quotes/christine-lagarde/as-far-as-athens-is-concerned-i-also-think-about-all-those-people-who/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [The Europeans governments have massively changed the landscape in Europe. There is no doubt about it. They have put together the European Financial Stability…](https://sms4smile.com/quotes/christine-lagarde/the-europeans-governments-have-massively-changed-the-landscape-in/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [Our fortunes rise together, and they fall together. 'All men are brothers,' said the Analects. We have a collective responsibility-to bring about a more…](https://sms4smile.com/quotes/christine-lagarde/our-fortunes-rise-together-and-they-fall-together-all-men-are/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [When I started my life as a baby lawyer, I was interviewing with all the best firms then at the time, and one of…](https://sms4smile.com/quotes/christine-lagarde/when-i-started-my-life-as-a-baby-lawyer-i-was-interviewing-with-all/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [We need to put our good research, our good work, our principles into actionable items whenever we can.](https://sms4smile.com/quotes/christine-lagarde/we-need-to-put-our-good-research-our-good-work-our-principles-into/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [When you think of a safe and solid arbitration place, you think of Switzerland, Sweden, Canada. Those attributes may be associated with clichés, but…](https://sms4smile.com/quotes/christine-lagarde/when-you-think-of-a-safe-and-solid-arbitration-place-you-think-of/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [It's a question of not so much pushing the boys out of the picture, but making the whole frame bigger so that both men…](https://sms4smile.com/quotes/christine-lagarde/it-s-a-question-of-not-so-much-pushing-the-boys-out-of-the-picture/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [I'm proud that somebody like myself has made it to the very top.](https://sms4smile.com/quotes/christine-lagarde/i-m-proud-that-somebody-like-myself-has-made-it-to-the-very-top/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [There are goods that are outside trade and in the public domain and that should be reserved and protected.](https://sms4smile.com/quotes/christine-lagarde/there-are-goods-that-are-outside-trade-and-in-the-public-domain-and/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) [Explore all 73 Christine Lagarde quotes ](https://sms4smile.com/quotes/author/christine-lagarde/) ## More Canada quotes > [You, of Canada, are building a magnificent record of achievement. My country rejoices in it.](https://sms4smile.com/quotes/dwight-d-eisenhower/you-of-canada-are-building-a-magnificent-record-of-achievement-my/) [Dwight D. Eisenhower](https://sms4smile.com/quotes/author/dwight-d-eisenhower/) > [“In American terms, the accomplishment of Genghis Khan might be understood if the United States, instead of being created by a group of educated…](https://sms4smile.com/quotes/jack-weatherford/in-american-terms-the-accomplishment-of-genghis-khan-might-be/) [Jack Weatherford](https://sms4smile.com/quotes/author/jack-weatherford/) > [Plant flowers in others' gardens and your life becomes a bouquet! Submitted by Lisa Letto, Coordinator, Nutrition Resource and Volunteer Centre, College of Pharmacy…](https://sms4smile.com/quotes/rabindranath-tagore/plant-flowers-in-others-gardens-and-your-life-becomes-a-bouquet/) [Rabindranath Tagore](https://sms4smile.com/quotes/author/rabindranath-tagore/) > [Our country has shown a lack of will to resist its own disintegration .. . Canada is practically the only country left in the…](https://sms4smile.com/quotes/northrop-frye/our-country-has-shown-a-lack-of-will-to-resist-its-own-disintegration/) [Northrop Frye](https://sms4smile.com/quotes/author/northrop-frye/) > [“Not very long ago I was driving with my husband on the back roads of Grey County, which is to the north and east…](https://sms4smile.com/quotes/alice-munro/not-very-long-ago-i-was-driving-with-my-husband-on-the-back-roads-of/) [Alice Munro](https://sms4smile.com/quotes/author/alice-munro/) > [Purchasing items made in the U.S. for our stores here or Canadian goods for our stores in Canada makes good business sense because it…](https://sms4smile.com/quotes/doug-mcmillon/purchasing-items-made-in-the-u-s-for-our-stores-here-or-canadian/) [Doug McMillon](https://sms4smile.com/quotes/author/doug-mcmillon/) > [One of the things that I miss about Canada is that even the strangers, you have an immediate rapport, there's just an understanding that…](https://sms4smile.com/quotes/evangeline-lilly/one-of-the-things-that-i-miss-about-canada-is-that-even-the-strangers/) [Evangeline Lilly](https://sms4smile.com/quotes/author/evangeline-lilly/) > [I've never been invited to do an exhibition or do a talk in England, except once, about 10 years ago. I've given talks all…](https://sms4smile.com/quotes/brian-wildsmith/i-ve-never-been-invited-to-do-an-exhibition-or-do-a-talk-in-england/) [Brian Wildsmith](https://sms4smile.com/quotes/author/brian-wildsmith/) > [Canada has become such a staging area for Chinese money.](https://sms4smile.com/quotes/kevin-kwan/canada-has-become-such-a-staging-area-for-chinese-money/) [Kevin Kwan](https://sms4smile.com/quotes/author/kevin-kwan/) > [“To be honest, it's a real relief to go to Canada where I can be among my relatives. Just the kind of break I…](https://sms4smile.com/quotes/ken-puddicombe/to-be-honest-it-s-a-real-relief-to-go-to-canada-where-i-can-be-among/) [Ken Puddicombe](https://sms4smile.com/quotes/author/ken-puddicombe/) > [When I left Canada for Bayern, people said, 'You'll never make it. You'll be back in a year.' I stopped going to school because…](https://sms4smile.com/quotes/owen-hargreaves/when-i-left-canada-for-bayern-people-said-you-ll-never-make-it-you-ll/) [Owen Hargreaves](https://sms4smile.com/quotes/author/owen-hargreaves/) > [LEGO has announced that they are shutting down their U.S. factory and moving it to Canada. LEGO employees say it's their fault because they…](https://sms4smile.com/quotes/conan-o-brien/lego-has-announced-that-they-are-shutting-down-their-u-s-factory-and/) [Conan O'Brien](https://sms4smile.com/quotes/author/conan-o-brien/) > [It's so Canada. On some level, you laugh, but on another level, it's just depressing. We pride ourselves: We're not like the bad old…](https://sms4smile.com/quotes/constance-backhouse/it-s-so-canada-on-some-level-you-laugh-but-on-another-level-it-s-just/) [Constance Backhouse](https://sms4smile.com/quotes/author/constance-backhouse/) > [The movement across Canada to fight toxic chemicals is a women's movement. It's a concern about health; it's very intimate.](https://sms4smile.com/quotes/elizabeth-may/the-movement-across-canada-to-fight-toxic-chemicals-is-a-women-s/) [Elizabeth May](https://sms4smile.com/quotes/author/elizabeth-may/) > [I grew up working in Canada so everything was low budget.](https://sms4smile.com/quotes/ellen-page/i-grew-up-working-in-canada-so-everything-was-low-budget/) [Ellen Page](https://sms4smile.com/quotes/author/ellen-page/) [Browse all 1,873 Canada quotes ](https://sms4smile.com/quotes/about/canada/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Countries like Canada, Korea, China, Germany can and should use fiscal space. Some of them are doing it, not all.", "creator": { "@type": "Person", "name": "Christine Lagarde" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/christine-lagarde/countries-like-canada-korea-china-germany-can-and-should-use-fiscal/", "about": { "@type": "Thing", "name": "Canada" }, "@id": "https://sms4smile.com/quotes/christine-lagarde/countries-like-canada-korea-china-germany-can-and-should-use-fiscal/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/49f/christine-lagarde-9387_canada_countries-like-canada-korea-china-german_1203158.png", "contentUrl": "https://sms4smile.com/quotes/i/49f/christine-lagarde-9387_canada_countries-like-canada-korea-china-german_1203158.png", "url": "https://sms4smile.com/quotes/i/49f/christine-lagarde-9387_canada_countries-like-canada-korea-china-german_1203158.png", "width": 1080, "height": 1080, "caption": "“Countries like Canada, Korea, China, Germany can and should use fiscal space. Some of them are doing it, not…” — Christine Lagarde", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Christine Lagarde", "item": "https://sms4smile.com/quotes/author/christine-lagarde/" }, { "@type": "ListItem", "position": 4, "name": "Countries like Canada, Korea, China, Germany...", "item": "https://sms4smile.com/quotes/christine-lagarde/countries-like-canada-korea-china-germany-can-and-should-use-fiscal/" } ], "@id": "https://sms4smile.com/quotes/christine-lagarde/countries-like-canada-korea-china-germany-can-and-should-use-fiscal/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```