Strengthening economies in a stormy and fragmenting world
· Christine Lagarde, President of the European Central Bank (Euro area (EU))
Summary written by Dark Majestic in its own words · topics: trade, fragmentation and geopolitics, technology, ai and cyber risk
CL · Christine Lagarde Wiki · European Central Bank WikiStrengthening economies in a stormy and fragmenting worldContextSpeech by Christine Lagarde at the ninth Annual Research Conference organised by the National Bank of Ukraine and Narodowy Bank Polski.
Why it mattersLagarde speaks in Kyiv about reforms and human capital as conditions for Ukraine's convergence with the EU.
Problems raised- Ukraine faces war and huge challenges.
- Reforms show costs before benefits.
- Human capital is needed for convergence.
Solutions proposed- Adopt higher institutional standards.
- Keep public support for reforms.
- Invest in education, skills and digitalisation.
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