Peter Mandelson Quotes


Instead of saying that globalization is a fact, that it's inevitable, we've also got to demonstrate that while the growing interdependence of the world economy is indeed a fact, it's not uncontrollable.


Citations

Mandelson, Peter. Speech on Global Trade. European Commission, 2006.

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A decade after he made this observation, the external economic markets were not happy with the ways the Greek Government had handled the economy and the nation became insolvent. The IMF, World Bank and the other European nations bailed Greece out be making emergency loans, but then they imposed conditions on the Greek Government that was completely contrary to what the Greek politicians and the Greek voters wanted. The Greek national government had almost no control over their own economy.


Peter Mandelson
Peter Mandelson
  • Born: October 21, 1953
  • Nationality: British
  • Profession: Politician

Peter Benjamin Mandelson, Baron Mandelson PC is a British Labour politician who served as First Secretary of State from 2009 to 2010. A member of the Labour Party, he was President of the Board of Trade in 1998 and from 2008 to 2010. He is the president of international think tank Policy Network, honorary president of the Great Britain–China Centre, and chairman of strategic advisory firm Global Counsel.