EghtesadOnline: Since 2008, when the upheaval of the financial crisis descended on global markets, the International Monetary fund, among other global institutions, scrambled to help governments avert a more disastrous outcome–and as the IMF's second-in-command, David Lipton puts it, to avoid another much-feared Great Depression.

EghtesadOnline: International Monetary Fund First Deputy Managing Director David Lipton welcomed the Bank of Japan's new policy framework as a boost to its credibility, but called for more vigorous fiscal and structural policies to reflate a fragile economic recovery.

EghtesadOnline: David Lipton , one of the International Monetary Fund’s highest ranked officials, has warned China that it needs to initiate “serious reforms” in order to address the country’s corporate debt if it wants a smooth transition from a manufacturing to a consumer based economy.