In his keynote speech at the special event on “25 Years after Maastricht: The Future of Money and Finance in Europe“, held at Maastricht University on February 16, 2017, which was part of the Jean Monnet Workshop “Financial Globalization and its Spillovers“, Benoît Cœuré, Member of the Executive Board of the European Central Bank, has pointed out that globalization should be efficient, enduring and equitable. He argues that “the European project can be regarded as the most elaborate attempt ever to mitigate the inevitable political trade-offs arising in a globalised world, and that it has been largely successful.”
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