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A December 2019 photo of new ECB President Christine Lagarde

Leadership Challenges 2020: European Central Bank torn between policy and politics

  • Decsion makers of the European Central Bank are divided over its mandate and policies
  • The controversial legacy of Mario Draghi makes his successor’s task significantly harder
  • President Christine Lagarde has ample, IMF-honed skills to deal with institutions in crisis 
  • She may be inclined to stick, at least for the time being, to the ECB’s monetary course
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Professor Elisabeth Krecké
IMF researchers have advanced in a recent paper a novel idea of redistributive measures induced by the central bank
read more about it in the report
What's inside
  • Decsion makers of the European Central Bank are divided over its mandate and policies
  • The controversial legacy of Mario Draghi makes his successor’s task significantly harder
  • President Christine Lagarde has ample, IMF-honed skills to deal with institutions in crisis 
  • She may be inclined to stick, at least for the time being, to the ECB’s monetary course
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possible effects of current decisions.
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