Global Economy Quotes

In 2006, the global economy was doing well. In India, the political and economic situation was stable. All key macroeconomic indicators reflected an economy that was in robust good health. ~ Baba Kalyani

If everybody in the world suddenly decided not to use their credit cards for three days, the whole global economy would be in serious trouble. (Recall how we were all urged to get out our credit cards after 9/11 and get back to shopping.) Which is why so much effort is put toward getting money out of our pockets and keeping it circulating. ~ David Harvey

The problems of the global economy are not based in perception, but in the reality of prices, balance sheets and income statements, vast concentrations of wealth and power, precarious systemic imbalances, ruthless exploitation, and command economies mismanaged by Central State/Bank policy and manipulation. ~ Charles Hugh Smith

Failing to curb the impact of climate change could damage the global economy on the scale of the Great Depression or the world wars by spawning environmental devastation that could cost 5 to 20 percent of the world's annual gross domestic product. ~ Nicholas Stern

Our system of private health insurance that fails to provide coverage to so many of our citizens also contributes to the double-digit health care inflation that is making America less competitive in the global economy. ~ John Conyers

When you talk about the security and safety of average Americans it doesn't do average Americans a lot of good to expand America's military footprint if the daily lives of average Americans are being undermined by the fact that we're no longer able to compete in a global economy. I think that's the kind of human security we have to pay more attention to. ~ Peter Beinart

Many people in the world believe that in the 21st century, the Asia-Pacific - Asia in particular - will play a more important role in global economy and politics and that Asia will become an important engine for the world economy. ~ Li Keqiang

I find that because of modern technological evolution and our global economy, and as a result of the great increase in population, our world has greatly changed: it has become much smaller. However, our perceptions have not evolved at the same pace; we continue to cling to old national demarcations and the old feelings of "us" and "them. ~ Dalai Lama XIV

The ultimate result of Africa's incorporation into the world capitalist economy was the destruction of the traditional pre-colonial communal mode of production. ~ Sam Mbah

As from the 1970's onward, digital code started to drive the global economy, now life code is beginning to be the fundamental driver of the global economy over the next 10, 20, 30 years. ~ Juan Enriquez

We got into a recession because the global economy went into the recession and we're a big exporting nation. ~ Stephen Harper

In a global economy where the most valuable skill you can sell is your knowledge, a good education is no longer just a pathway to opportunity - it is a prerequisite. ~ Barack Obama

In brief, it is now clear that Europe's religious dedication to rules is nothing but a veil under which the strong make up the rules as they go along to suit their own political agenda. Perhaps that would be fine if the said agenda was not quick-marching Europe and the global economy into an economic, political and moral morass. ~ Yanis Varoufakis

Ninety-nine percent of everyday things are things we don't need - that goes for regular visits to the hairdresser just as it does for clothing. What would it mean if we all consumed 20 percent less? It would be catastrophic. It would mean 20 percent less jobs, 20 percent less taxes, 20 percent less money for schools, doctors, roads. The global economy would collapse. ~ Karl-Johan Persson

Studies have identified a significant 'skills gap' between what students are currently being taught and the skills employers are seeking in today's global economy. Our children must be better prepared than they are now to meet the future challenges of our ever-changing world. ~ Stephen Covey

The consumption and production of energy is a major component of the global economy. ~ Barry Ritholtz

But let no one be under any doubt that the scale of the challenge that Europe faces in this emerging global economy is immense and the practical pace of our collective action to meet these challenge to date has just been too slow. ~ John Hutton

The most pressing and significant problems in the global economy are unsustainable structural issues with regard to the E.U. - fiscal deficits and the structure of the E.U. itself. ~ Henry Paulson

Scientists and supercomputers have amplified our ability to look ahead. For decades, experts have warned us that human numbers, technology, hyper-consumption and a global economy are altering the chemical, geological, and biological properties of the biosphere. ~ David Suzuki

Cinema has become a global economy, totally international. ~ Lasse Hallstrom

The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets. ~ Mark Zandi

Changing the structure and rules of the global economy will require a mass movement based on messages of compassion, justice, and equality, as well as collaborative and democratic processes ... If we stay positive, inclusive, and democratic, we have a truly historic opportunity to build a global movement for social justice. ~ Medea Benjamin

The fact of the matter is that today, stuff-selling mega-corporations have a huge influence on our daily lives. And because of the competitive nature of our global economy, these corporations are generally only concerned with one thing - the bottom line. That is, maximising profit, regardless of the social or environmental costs. ~ David Suzuki

Higher education isn't just a personal investment. It's a public good that pays off in a more competitive workforce and better-informed and engaged citizens. Every year, we spend nearly $100 billion on corporate welfare, and more than $500 billion on defense spending. Surely ensuring the next generation can compete in the global economy is at least as important as subsidies for big business and military adventures around the globe. In fact, I think we can and must go further - not just making public higher education tuition-free, but reinventing education in America as we know it. ~ Robert Reich

And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics. ~ David Korten

If the Chinese bubble bursts one day, which inevitably will happen - maybe not tomorrow, maybe in three months, maybe in three years - when it happens, it will have devastating consequences for the global economy. ~ Marc Faber

The Weather Channel is not about weather; it is about the world! It is about how weather affects us all, our entire global economy, health, happiness, spirit. The channel delves with great detail into weather phenomena of all different kinds - hurricanes, cyclones, tornadoes, monsoons, hail, rain, lightning storms - and they especially delight in the confluence of multiple phenomena. ~ Garth Stein

To ensure continuing prosperity in the global economy, nothing is more important than the development and application of knowledge and skills. ~ Martin Rees

We must retool our nation to prepare for the challenge we already face to maintain our position in the global economy. And this much is certain: America will not have national security without economic security. ~ John F. Kerry

We want a system in which the worker shall get what he produces and the capitalist shall produce what he gets. ~ Eugene V. Debs

If you followed this economic crisis and you do not think that the world is getting flatter, you are not paying attention. We saw the entire global economy at one time acting totally in sync. The real truth is the world is even flatter than I thought. Our mortgage crisis is killing Deutsche Bank. You still don't think the world is flat? ~ Thomas Friedman

The United States is a nation located in the global economy, and we get enormous, enormous benefits from dealing with foreigners. ~ Arthur Laffer

Our government is committed to helping our young people develop the skills and training they need to succeed. Through our Summer Company program, students can launch a business, become employers, and gain an advantage in the highly competitive global economy - all while still in school. ~ Brad Duguid

Ontario's auto sector is a cornerstone of our economy - a key source of our ability to export, innovate and create jobs. In this highly competitive global economy, we need to drive further investment and ensure the sector remains strong. I am confident that this new partnership, with Ray Tanguay's strategic advice and leadership, will allow Ontario to increase our competitiveness, productivity, and market share in the auto sector, and I look forward to their important work contributing to a more prosperous, innovative Ontario economy. ~ Brad Duguid

The incredible benefits of practising and applying mindfulness and self-compassion in the workplace are being increasingly recognised by human resource professionals as well as the medical profession, as the stresses of competing in today's global economy take their toll on the mental health and emotional wellbeing of many otherwise talented and enthusiastic individuals in the workplace. ~ Christopher Dines

Because I come from a place like Jamaica, which is a small, open economy, I viscerally get the importance of the global economy. ~ Peter Blair Henry

In Germany, college tuition is free. In America, college tuition is increasingly unaffordable. In a highly competitive global economy, which country do you think will have the best educated work force and a competitive advantage? We must make tuition free in public colleges and universities and substantially reduce interest rates on student loans. ~ Bernie Sanders

Human experience depends on everything that can influence states of the human brain, ranging from changes in our genome to changes in the global economy. ~ Sam Harris

There are more humans than all of the rabbits on earth. There are more of us than all the wildebeests, than all the rats, than all the mice. We are the most numerous mammal on the planet. But because we're not like rabbits or rats or mice, we have technology, we have a consumptive appetite, we have a global economy. ~ David Suzuki

My solutions are to include Africa in the global economy, and not African charity, AIDS research, but African infrastructure development. And I think that Africa can import and needs everything the whole world can manufacture. And they have got enough money to pay for it. It's just that the money is in the ground. ~ Andrew Young

If challenges within this Global Economic sphere are not addressed, we risk having the same populace that celebrated the collapse of communism, or their future generations, rising up to demand that we go back to communistic approaches to the economy. Rising national debt of global powers, the growing gap between the rich and poor and the ripple effects of related threats, remain a challenge for the global economy. Will you be one of the leaders who have a unique mission with part of the illusive answers? Will you help more people rise to a better educational and economic status? ~ Archibald Marwizi

…the subject is so important, and with 
such vast implications for society… The damage that psychopaths do to the global economy, and human civilization in general, is incalculable. ~ Robert D. Hare

Rarely have Americans lived through so much change, in so many ways, in so short a time. Quietly, but with gathering force, the ground has shifted beneath our feet as we have moved into an Information Age, a global economy, a truly new world. ~ William J. Clinton

The whole of the global economy is based on supplying the cravings of two per cent of the world's population. ~ Bill Bryson

Today, local economies are being destroyed by the pluralistic, displaced, global economy, which has no respect for what works in a locality. The global economy is built on the principle that one place can be exploited, even destroyed, for the sake of another place. ~ Wendell Berry

If you have free trade and free circulation of
capital and people but destroy the social state and all forms of progressive taxation, the temptations of defensive nationalism and identity politics will very likely grow stronger than ever in both Europe and the United States. Note, finally, that the less developed countries will be among the primary beneficiaries of a more just and transparent international tax system. ~ Thomas Piketty

If the expansion of a global legal regime for communication technologies gains traction, the effects to the global economy as well as our individual liberties will be severe. ~ Marsha Blackburn

But we can turn challenges into opportunities if we look outwards to the realities of the global economy and modernise our internal institutions in ways that will equip Europe to meet that challenge and create confidence amongst the public. ~ John Hutton

The global economy is spluttering back into life. The Tories would have left it to choke to death. ~ Alistair Darling

Even as China's growth slows, it will continue to be a powerhouse for the global economy. ~ George Osborne

Terrorism grows when there are no other options, and when the center of the global economy is the god of money and not the person - men and women - this is already the first terrorism! ~ Pope Francis

You know, I think of the global economy as an inverted triangle, resting on the shoulders of the American consumer. And if the American consumer cannot have enough disposable income in order to maintain a standard of living that creates more opportunities generation after generation, that's bad for everybody. ~ Hillary Clinton

Wealth had made rigor optional in America. But everything had changed. In an automated, global economy, kids needed to be driven; then need to know how to adapt, since they would be doing it all their lives. They needed a culture of rigor. ~ Amanda Ripley

Is it weird that when I see a cool t shirt or pick up a toothbrush or see a new car I don't think about the product itself? I think about the thousands of people and dollars to make it.

I think about how the retailer that took the risk to buy and resell it. Then I work backwards to the store costs, the distributer who got it there, the shipping company that brought it over from China, the factory workers that made it, the people that sourced the materials and the people that harvested the raw materials, and on and on..
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The global economy is amazing. Your $20 t-shirt is a freaking miracle. ~ Richie Norton

I will talk about two sets of things. One is how productivity and collaboration are reinventing the nature of work, and how this will be very important for the global economy. And two, data. In other words, the profound impact of digital technology that stems from data and the data feedback loop. ~ Satya Nadella

Ultimately, we have to decide, with the Legislature: Are we willing to take some bold steps to make us even more competitive in the future, competing in a global economy? I think Nebraskans are willing to listen to that discussion. They want an opportunity for their kids and grandkids to live here. ~ Dave Heineman

Today, much of the global economy is based on debt and confidence. As long as we all keep holding hands and no one breaks ranks, everything will be fine. By the way, the word "fine" is my acronym for "Feeling Insecure, Neurotic and Emotional. ~ Robert T. Kiyosaki

An economy genuinely local and neighborly offers to localities a measure of security that they cannot derive from a national or a global economy controlled by people who, by principle, have no local commitment. ~ Wendell Berry

The American consumer, even today, the weight of the American consumer in the global economy is China plus India doubled. So, it's tough to replace that. ~ Fareed Zakaria

The Upton Sinclair of today's global economy is Charles Kernaghan, the New York based muckraker most famous for his expose of sweatshops producing the Kathie Lee Gifford line of clothing for Wal-Mart ... The Institute for Global Labour and Human Rights ... has been a leader in exposing sweatshops, mounting corporate campaigns, and fighting for the rights of vulnerable workers. ~ Charles Derber

In the new conditions created by the global economy, the information revolution and the growth of smart technologies, it is more necessary than ever for all companies to be guided by their rich spiritual inheritance, as spiritual enterprises. ~ Ted Malloch

Poverty is not a natural conclusion. It is an intervention. We are not poor because we are inferior as a group of people; we are poor because it is imperative to the global economy that a limitless supply of labor exist. The labor must be cheap and disposable. ~ Frances Varian

If we're talking about buying exchanges abroad, we have to have global securities standards, as we have global banking regulations. I'm talking about margins. Now, the United States has certain margin requirements that are not the same in London. Investors and hedge funds that want to borrow more money against securities ? if they can't in the U.S., they go abroad. That could add additional risks to the global economy. ~ Muriel Siebert

Compassion is something we can count on. Even if we face economic problems and our fortunes decline, we can still share our compassion with our fellow human beings. National and global economies are subject to many ups and downs, but through them all we can retain a compassionate attitude that will carry us through. ~ Dalai Lama

The promoters of the global economy ... see nothing odd or difficult about unlimited economic growth or unlimited consumption in a limited world. ~ Wendell Berry

Together, we could open up government and invite citizens in, while connecting all of America to 21st century broadband. We could use technology to help achieve universal health care, to reach for a clean energy future, and to ensure that young Americans can compete - and win - in the global economy ... ~ Barack Obama

Whether we vote to leave or remain, there are risks to our future; there are challenges in the global economy. ~ Michael Gove

I think that we've had an economy that's been out of balance for too long. So the general principle of raising taxes on higher income Americans, like myself, and providing relief to those who haven't benefited as much from this new global economy, I think is a sound one. ~ Barack Obama

The global economy is in pretty good shape. ~ John W. Snow

There'll be a growing disparity between economics and politics. An economy that grows so rapidly is intractably global. On the other hand, the current political system is intractably national. So there is a growing dichotomy between a global economy and locally based politics. ~ Walter Wriston

I wonder how long this word will last, governed exclusively by the merciless, inhuman and immoral criteria of global economy. Seeing the shadow of distant islands, I imagined one still inhabited by a tribe of poets set aside for when, after the middle age of materialism, humanity will have to start to put other values into his existence. ~ Tiziano Terzani

You know, oil prices from 2007, on the strength of a very robust global economy and a very robust emerging China, many of you will recall, ramped up to near $150 a barrel. Then we had the financial - U.S. financial collapse. Oil prices collapsed all the way down to $40 a barrel. ~ Rex Tillerson

It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets. ~ Lawrence Summers

As I've written before, China's ability to be the assembly line to the world wasn't where its role in the global economy ended; it was where it began. An ability to make products cheaper than anywhere else gave way to an ability to make high end products more nimbly than anywhere else. ~ Sarah Lacy

If men can learn to be less defensive, more open to others, and more accepting of accountability, they will adapt well to the new global economy. ~ John Gerzema

Obviously, the technology community in Massachusetts competes in a global economy, and our efforts to create a more competitive environment recognizes that competitiveness at a local level. We'd expect employers in other states to use this site as they consider where in Massachusetts to locate or expand their presence. ~ Christopher Anderson

Circumstances could change quickly at the outer edges of the world, bound as they were to the global economy, yet distant from its heart. ~ Charles Emmerson

In China, it was always said that a double-digit rate of growth would be dangerous. Now, the country has a growth rate of 6.9 percent and suddenly that is supposed to be a catastrophe for the global economy. ~ Wolfgang Schauble

The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy. ~ Michael Porter

Sustainability is today's freedom crusade, because the next generation will not live free - will not have the freedom to pursue its economic dreams or to delight in all that nature has to offer - if our approach to the financial world and the natural are not grounded in sustainable values. That lack of sustainability will constrict everything in our lives. It will limit everything we might want to do. Unless we become less dependent on hydrocarbons, and unless we find a balance between the need for markets to be free enough to reward innovation and risk-taking but not so free as to reward recklessness that can destabilize the whole global economy, our lives will be reduced, redacted, and restricted. We will be overwhelmed by all the toxic assets we will produce in the Market and in Mother Nature. It will feel worse than had the Soviet Union won the Cold War, because we and our children will be enslaved by our financial debts and constricted by our ecological debts. ~ Thomas L. Friedman

For me, when you put a MakerBot in a school, you add a manufacturing education to the environment where I think we can really empower the next generation to compete in the global economy. ~ Bre Pettis

The llluminati Reptilian-hybrids are terrified of unpredictable people and situations and they are obsessed with controlling all sides to control the outcome. We see this in the way the global economy is controlled, not even by open competition in what we call 'capitalism', but by 'cartelism'. The market is rigged to ensure the desired outcome. ~ David Icke

If we expect to continue our leadership in the global economy, we must invest in a long-term transportation plan -f or both highways and transit programs. Too many of our roads, bridges, and railways have fallen into disrepair. ~ Sherrod Brown

All the politics of the post-war period was about the clash between the Soviet Union and America, and virtually all issues ended up being subordinated to that. Now, the question is, what is the most a socialist can achieve in a global economy? ~ Ken Livingstone

Japan rose from the ashes of World War II as a 'trading state,' the model for export-led growth. It is not clear that the old export model of growth will be sustainable in a more 'balanced' global economy that does not rely so heavily on the U.S. consumer. ~ Robert Zoellick

We're in a tightening cycle and the reason is the economy is growing, there's no expectation that the global economy and the Polish economy as a consequence could slow down dramatically. ~ Marek Belka

We thus find ourselves in the situation that the entire theory of man-made global warming-with its repercussions in science, and its important consequences for politics and the global economy-is based on ice core studies that provided a false picture of the atmospheric CO2 levels. ~ Zbigniew Jaworowski

As I constantly remind Canadians, there isnt really a Canadian economy anymore. It is a global economy. ~ Stephen Harper

My guiding principle is that prosperity can be shared. We can create wealth together. The global economy is not a zero-sum game. ~ Julia Gillard

One thing I will not compromise over is whether or not Congress should pay the tab for a bill they've already racked up. If Congress refuses to give the United States the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic. ~ Barack Obama

I represent the Port of Philadelphia, and I know firsthand the important role that ports play in the national and global economy. I have also seen how simple accidents can have devastating impacts on the port system. ~ Allyson Schwartz

The rapidly evolving global economy demands a dynamic and creative workforce. The arts and its related businesses are responsible for billions of dollars in cultural exports for this country. It is imperative that we continue to support the arts and arts education both on the national and local levels. The strength of every democracy is measured by its commitment to the arts. ~ Charles Segars

The question is what will Mitt Romney do as president if his policy is simply to be hands off and let the government be made so small it can be drowned in a bathtub. In the 21st century global economy, no state alone has the ability to compete against China. ~ Jennifer Granholm

About half the global economy is living beyond not only its means but its diminished number of children's means. Instead of addressing that fact, countries with government debt of 125 percent of GDP are being "rescued" by countries with government debt of 80 percent of GDP. Good luck with that. ~ Mark Steyn

Our view is that economic isolationism is the wrong way to go. Vibrant, successful growing economies that advance the interests of their citizens engage the global economy. And, we're committed to engaging the global economy. ~ John W. Snow

[Hyun Song Shin] most accurately portrayed the state of the global economy.
'I'd like to tell you about the Millennium Bridge in London,' he began…'The bridge was opened by the queen on a sunny day in June,' Shin continued. 'The press was there in force, and many thousands of people turned up to savor the occasion. However, within moments of the bridge's opening, it began to shake violently.' The day it opened, the Millennium Bridge was closed. The engineers were initially mystified about what had gone wrong. Of course it would be a problem if a platoon of soldiers marched in lockstep across the bridge, creating sufficiently powerful vertical vibration to produce a swaying effect. The nearby Albert Bridge, built more than a century earlier, even features a sign directing marching soldiers to break step rather than stay together when crossing. But that's not what happened at the Millennium Bridge. 'What is the probability that a thousand people walking at random will end up walking exactly in step, and remain in lockstep thereafter?' Shin asked. 'It is tempting to say, 'Close to Zero' '
But that's exactly what happened. The bridge's designers had failed to account for how people react to their environment. When the bridge moved slightly under the feet of those opening-day pedestrians, each individual naturally adjusted his or her stance for balance, just a little bit - but at the same time and in the same direction as every other individual. That created enough later ~ Neil Irwin

suggest that the millennial generation, deeply affected by the Great Recession and a stagnant global economy, has begun to shift its psychic priorities from material success to living a meaningful existence. ~ Jeremy Rifkin

We have to remember we're in a global economy. The purpose of fiscal stimulus is not simply to sustain activity in our national economies, but to help the global economy as well, and that's why it's so critical that measures in those packages avoid anything that smacks of protectionism. ~ Stephen Harper

There is no way to turn off this global economy, nor should one try. Every previous expansion of global capitalism has led to greater prosperity across the world. ~ Fareed Zakaria

A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement of ideas and of capital. ~ George Soros