– 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by on 2014-05-07.

To ask Her Majesty’s Government what representations that are making directly and multilaterally to the International Monetary Fund (IMF) in respect of the February 2014 speech by Christine Lagarde suggesting that rising inequality and economic exclusion can have pernicious effects” and that policy must take account of the inclusiveness of growth

Lord Deighton

At its April 2014 meeting, the International Monetary and Financial Committee (IMFC) of the IMF, attended by the Chancellor, agreed that rising inequality and high unemployment be addressed by removing structural impediments to inclusive growth.

It is not Government practice to comment on the detail of IMF Staff Discussion Papers. IMF Staff regularly produce such papers, and the analysis and views therein are those of staff and not necessarily the IMF or its Executive Board.