Finance › Speeches › Christine Lagarde

The order that took centuries to build

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

Summary written by Dark Majestic in its own words ·

CL
· Christine Lagarde Wiki · European Central Bank WikiThe order that took centuries to build

ContextSpeech by Christine Lagarde accepting the 2026 Wolfgang Friedmann Memorial Award at Columbia Law School in New York.

Why it mattersA rare legal-historical speech by the ECB President defending the rules-based international order.

Problems raised
  1. The international order is being challenged.
  2. Some large countries claim exemptions meant for poor countries.
  3. Multilateral institutions struggle to reform.
Solutions proposed
  1. Defend the rules-based order built over centuries.
  2. Make reform fairer.
  3. Allow smaller groups of countries to deepen cooperation.
Read full speech on ecb.europa.eu ↗

More from Christine Lagarde · European Central Bank · all speeches

More speeches by Christine Lagarde