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A new global map: European resilience in a changing world

· Christine Lagarde, President of the European Central Bank (Euro area (EU))

Summary written by Dark Majestic in its own words · topics: financial stability, trade, fragmentation and geopolitics

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· Christine Lagarde Wiki · European Central Bank WikiA new global map: European resilience in a changing world

ContextKeynote speech by Christine Lagarde at the Peterson Institute for International Economics.

Why it mattersLagarde argues that the war forces Europe to reassess its dependencies.

Problems raised
  1. The war reshapes globalisation.
  2. Economic dependencies are reassessed.
  3. External demand may weaken.
Solutions proposed
  1. Build European resilience.
  2. Diversify dependencies.
  3. Strengthen domestic demand and integration.
Read full speech on ecb.europa.eu ↗

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