IMF chief economist on the wires from Davos 22 Jan
- China needs to take further steps to open up its economy to imports
On EU:
- more can be done on EU's banking union project
- notably on common deposit insurance
On global economy:
- main risk is complacency
On cryptos:
- regulators must watch cryptocurrencies carefully
Yes folks, many of the world's great, good but largely indifferent, meet again in Davos this week for a love-fest of vested interest.
Expect a barrage of similar hot air all week.
Obstfeld showing how to strike a serious pose