Lagarde: Preparing for geoeconomic fragmentation | Metals Mine

  • Lagarde: Preparing for geoeconomic fragmentation

    From ecb.europa.eu

    It is a mark of how much our world has changed that a central banker speaks at the Munich Security Conference on supply chains. A decade ago, this would have seemed like a category error. Today, everyone in this room recognises that trade is as much a security issue as an economic one. Economic interdependence has deepened substantially in recent decades, creating intricate webs of cross-border trade flows. Where this was once seen as a source of stability, it is now a source of vulnerability: to global disruptions like the pandemic and to deliberate weaponisation of dependencies. Eurosystem staff have mapped ... (full story)

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wufuhai
Feb 15, 2026 9:27am
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The Asia-Pacific region still relies heavily on manual labor, resulting in relatively low economic capacity. There is also a lack of regional currency diversity. The emergence of a regional economy is also a factor.
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