Economic Globalisation Quotes

Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty and marginalisation.

While big business gain subsidies and political access, small businesses drown in red tape, and individuals now risk being classified as terrorists for complaining about it. Economic globalisation is about homogenising differences in the worlds' markets, cultures, tastes and traditions. It's about giving big business access to a global market.

I'm against this huge globalisation on the basis of economic advantage.

Globalisation began what should be called the Great Convergence, creating a globalising labour market in which wages in emerging market economies slowly converge with wages in rich economies, generating a steady drop in real wages across Europe.

Luxury hasn't been democratised; it's been globalised.

Our companies are active worldwide. I don't detect globalisation angst among them.

When globalisation means that many of the services that individual governments used to have direct power over are privatised, in education and health, even prison services, nonetheless national sovereignty still needs to be exercised.

Globalisation has in effect made the citizen disappear, and it has reduced the state into being a mere instrument of global capital.

One of the striking features of the form of globalisation that has now been established is that it is based on the premise that goods and even capital should be free to roam but labour must remain imprisoned within the nation state.