Martin Wolf interviews Christine Lagarde: Whither Europe?

马丁·沃尔夫采访克里斯蒂娜·拉加德:欧洲将何去何从?

The Economics Show

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2024-12-23

40 分钟
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The Eurozone’s economic recovery from Covid-19 has been anaemic compared with America’s, despite achieving a soft landing from double-digit inflation. Indeed, Europe’s relative underperformance stretches back even longer, perhaps 30 years, in terms of productivity and GDP growth. Christine Lagarde, president of the European Central Bank, gives her assessment of the past few turbulent years of monetary policy and explains what she thinks Europe needs to do next if it is to close the gap with the US. She also gives her view on how the EU can negotiate its way out from between the rock of the incoming Trump administration and the hard place of another Chinese export glut. Martin Wolf is chief economics commentator at the Financial Times. You can find his column here Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • In today's episode, I'm speaking to Christine Lagarde.

  • Christine has had a truly remarkable career.

  • She started off as a lawyer, and she was chair of Baker & McKenzie,

  • a very famous American law firm, between 1999 and 2004.

  • She returned to France in 2005 as Minister of Foreign Trade,

  • briefly served as Minister of Agriculture and Fisheries,

  • and finally she became Minister of finance in 2007 and continued in that role to 2011.

  • At that point, she was elected to replace Dominique Strauss Kahn as Managing Director of the imf,

  • and she had a second term.

  • And then finally in 2019, she became president of the ECB and as chair of Baker & MacKenzie,

  • and also as Minister of Finance in France and as Managing Director of the IMF and as President of the ecb.

  • She was the first woman in all those roles.

  • I'm delighted to be with you today, Christine.

  • Thank you, Martin.

  • I'm delighted to be here with you, too.

  • I also try to remember when we first met.

  • I think it was in San Gallen at a dinner when.

  • I believe you were Agriculture Minister at that time.

  • That's right.

  • Don't you remember?