Yves Mersch: Globalisation – can Europe manage it? Introductory speech by Mr Yves Mersch, Governor of the Central Bank of Luxembourg and President of the Bridge Forum Dialogue, at the Conference “Globalisation: Can Europe manage it?”, Luxembourg, 22 January 2008.
But we need a system that better balances the immediate imperatives of the short run with the important building blocks for longer-run prosperity. That’s what I want to talk about today. We aspire to an international monetary and financial system that favours inclusive and sustainable growth.