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This file photo shows International Monetary Fund Managing Director Christine Lagarde speaking at the Center for Global Development in Washington.JIM WATSON/AFP / Getty Images

The head of the International Monetary Fund used a speech in Toronto to call for a renewed international commitment to globalization, one focused on "stronger, more inclusive" economic growth that leaves fewer people behind.

In the prepared text for a speech to the C.D. Howe Institute, a Toronto-based think tank, on Tuesday morning, IMF managing director Christine Lagarde argued that trade agreements and international co-operation are critical to reinvigorating a struggling global economy and improving the living standard in both the developing and advanced worlds.

But Ms. Lagarde also acknowledged that governments need to do more to make sure that they adequately support people who are most at risk from globalization's dramatic shifts in labour and capital.

"I strongly believe that we can rebuild momentum for trade reforms if the benefits are properly explained, and if we engage in the policies to achieve stronger and more equitable growth," she said.

Ms. Lagarde's call for a renewed globalization push comes at a time when global trade growth has slowed dramatically and criticism of global economic integration is on the rise in many quarters – including growing popular distrust of trade pacts and a rising tide of protectionist political rhetoric.

"History clearly tells us that closing borders or increasing protectionism is not the way to go. Many countries have tried this route, and just as many have failed," she said. "Instead, we need to pursue policies that extend the benefits of openness and integration while alleviating their side effects.

"What we need is a globalization that works for all."

Ms. Lagarde enumerated the "tangible benefits" that globalization has generated for "most people in most countries." She stressed that it has resulted in a sharp reduction in the proportion of the population living in poverty in the developing world, and has raised living standards and real incomes in advanced economies.

However, she acknowledged that some sectors and "local labour markets" have suffered "deep, long-lasting effects from overseas competition," particularly those displaced by low-wage foreign markets. She also noted that globalization has resulted in an increased integration of worldwide capital that, while enhancing investment, has also increased the risks of financial-system instability.

She said that growing wealth and income inequality in many countries, particularly in advanced economies, "has added to a groundswell of discontent."

She also made note of the added stresses from the global refugee crisis, saying that "the challenge from uncontrolled migration flows" has contributed to "economic and cultural anxieties."

"These concerns need to be addressed," Ms. Lagarde said.

She said the first step for global leaders to regain lagging public support for globalization is to "establish a positive environment for growth," noting that the pace of the global economy "has been too low for too long."

She outlined the need for the "three-pronged approach" that the IMF has been advocating, including in her discussions with Group of 20 leaders at their recent meetings in China. The strategy entails a combination of stimulative monetary policy, increased fiscal stimulus (including infrastructure investment), and structural reform policies designed to enhance productivity and growth potential.

Ms. Lagarde singled out Canada as a leading example of a government embracing this three-pronged solution, and commended Prime Minister Justin Trudeau's "enthusiasm and passion" for the approach that he expressed to his fellow world leaders at the G20 meetings.

"I hope that many countries follow Prime Minister Trudeau's global leadership," she said. "The more countries adopt it, the greater the mutual benefit for growth."

Ms. Lagarde will meet Tuesday afternoon with Mr. Trudeau in Ottawa. The two will hold a press conference after their meeting.