Stanley Fischer Quotations

We are mindful of the potential tragic consequences of events taking place in Indonesia,

represents a strong and appropriate response to overcome Russia's current difficulties.

This is errant nonsense from people who have not read or looked at the programs that the IMF supports.

I generally prefer to abide by agreements I've signed. So that is at least one rationale for transferring the money. There are all kinds of other rationales, but that is my starting point.

The Fed clearly believes we've reached bottom or will reach it in a month or two. They believe there's a lot of expansion in the pipeline from the very low interest rates and from the fiscal expansion.

It is in Israel's interests to avoid a collapse of the Palestinian economy.

The Federal Republic of Yugoslavia authorities face the complicated task of stabilising and reviving a devastated economy after years of regional conflicts, international isolation and economic mismanagement.

Year after year, we have had to explain from mid-year onwards why the global growth rate has been lower than predicted as little as two quarters back. This pattern of disappointment and downward revision sets up the first, and the basic, challenge on the list of issues policymakers face in moving ahead: restoring growth, if that is possible.

The recovery is not firmly in place. There is no reason to withdraw stimulus right now. The need is to make sure that the recovery in Japan is self-sustained -- and that means it's hard to see any good reason for monetary policy to tighten.

Some see it as a threat, some see it as an opportunity and some see it as inevitable,