The world must not fall into protectionism, due to government bail outs and financial legislations, that have led to a bias towards home and regional bank lending, said the European Central Bank’s (ECB) executive board member Benoit Coeure. 

In a speech delivered in Seoul for the Bank of Korea International Conference 2013, entitled  “Assessing Global Liquidity in a Global Framework”, Coeure revealed that there was evidence that a “de-globalisation proces...


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