Reform rules or risk ‘coercion and mercantilism’ – Lagarde
ECB president says it is better to revise current international order than to abandon it
Christine Lagarde would like to see a reformed international order rather than its collapse.
The European Central Bank president received the Wolfgang Friedmann Memorial Award from the Columbia Journal of Transnational Law today (February 20). In her speech receiving the award, she highlighted the importance of holding onto the current international order – and making changes to avoid it collapsing, which would bring a “return to older patterns of coercion and mercantilism”.
Lagarde began her
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