<p>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.</p><br><p>Martin Wolf is chief economics commentator at the Financial Times. You can find his column <a href="https://www.ft.com/martin-wolf" rel="noopener noreferrer" target="_blank">here</a></p><br><p>Subscribe to The Economics Show on <a href="https://podcasts.apple.com/gb/podcast/the-economics-show-with-soumaya-keynes/id1746352576" rel="noopener noreferrer" target="_blank">Apple</a>, <a href="https://open.spotify.com/show/64rPqCkSSBkuSJpkMLRe9i?si=70c1cb4221e54c9a" rel="noopener noreferrer" target="_blank">Spotify</a>, <a href="https://pca.st/6ysdzw0j" rel="noopener noreferrer" target="_blank">Pocket Casts</a> or wherever you listen.</p><br><p><a href="https://www.ft.com/content/1f0a3c8b-f49b-48e1-a770-c7e430d46ee6" rel="noopener noreferrer" target="_blank"><strong>Read a transcript of this episode on FT.com</strong></a></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

The Economics Show

Financial Times

Martin Wolf interviews Christine Lagarde: Whither Europe?

DEC 23, 202440 MIN
The Economics Show

Martin Wolf interviews Christine Lagarde: Whither Europe?

DEC 23, 202440 MIN

Description

<p>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.</p><br><p>Martin Wolf is chief economics commentator at the Financial Times. You can find his column <a href="https://www.ft.com/martin-wolf" rel="noopener noreferrer" target="_blank">here</a></p><br><p>Subscribe to The Economics Show on <a href="https://podcasts.apple.com/gb/podcast/the-economics-show-with-soumaya-keynes/id1746352576" rel="noopener noreferrer" target="_blank">Apple</a>, <a href="https://open.spotify.com/show/64rPqCkSSBkuSJpkMLRe9i?si=70c1cb4221e54c9a" rel="noopener noreferrer" target="_blank">Spotify</a>, <a href="https://pca.st/6ysdzw0j" rel="noopener noreferrer" target="_blank">Pocket Casts</a> or wherever you listen.</p><br><p><a href="https://www.ft.com/content/1f0a3c8b-f49b-48e1-a770-c7e430d46ee6" rel="noopener noreferrer" target="_blank"><strong>Read a transcript of this episode on FT.com</strong></a></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>