Lawrence Summers Quotes

For the first time in history all people on earth have a common present…. Every country has become the moat immediate neighbor of every other country, and every man feels the shock of events which take place at the other end of the globe.

Global interdependence today means that economic disasters in developing countries could create a backlash on developed countries.

The U.S. must differentiate between controversial assertions of power, like those in the South China Sea, and fair reflections of China's growing contribution to the world, such as the new banks.

The world before 1914 was already a world in which the welfare of each individual nation was inextricably bound up with the prosperity of the whole community of nations.

Its not a global village, but we're in a highly interconnected globe.

So in terms of the global economic footprint, let's just say China within the next decade and a bit is likely to emerge as the world's largest economy. Obviously its foreign policy and security policy footprint increases and that creates both challenges and opportunities for us all.

We live in a globalising world. That means that all of us, consciously or not, depend on each other. Whatever we do or refrain from doing affects the lives of people who live in places we'll never visit.

When Paris sneezes, Europe catches a cold.

Every adverse development across the world affects the rest of the world in some way.

Even if the Brits decide to remain, we will have to avoid a contagion on other countries.

It's never happened in history that every region in the world could affect every other region simultaneously. The Roman empire and the Chinese empire didn't know much about each other and had no means of interacting. Now we have every continent able to reach every other.

What happens in Britain, what happens in the world, matters a lot to us in our core business.

In truth, the world is now a seamless web from which no nation, large or small, young or old, can disassociate itself. Every attitude and every action of every nation can affect the welfare and security of every other nation around the globe.

China's rise is really a kind of a world historical event. This is the largest country in the world. It has caused a wholesale substantial contraction of U.S. manufacturing employment.

In our globalized world, what happens in one nation has a very real impact on everybody else.

How we live our lives in the Western world has impacts on the rest of the world.

Globalization really is a concrete, fundamental fact in everybody's lives, and you really see that come to life in soccer stadiums.

We live in an inter-dependent world. An isolated India is not in our interest. Just because we are a large country, we cannot be arrogant and think that we can ignore others. We live in a different era. Terrorism is global and can come from even remote countries. International summits and organizations like WTO take decisions which will bind us and if we are not present in such summits, we may be hurt by the decisions taken.

China's growth and stability is a vital issue for all nations.

The diminishing economic role of the United States in the global economy means that global political power will also become more dispersed. The world will become multipolar. By clumsily re-asserting a wish for U.S. dominance, Donald Trump is accelerating the opposite.

If we don't set the rules for commerce in the Asia-Pacific region, China will.

Japan needs the American market and it also needs American security protection. Japan also needs America as the necessary stabilizer of an orderly world system with economies truly open to international trade.

Economically, we are, to some significant degree, interdependent with Chinese well-being. That is a great asset.

Brexit is the best thing to happen for Russia, for America, for Germany, and for democracy.

We no longer live in an era in which foreign policymakers can claim to serve their nations' interests treating what happens to people in other countries as an afterthought... What happens to people in other countries matters. It matters to the welfare of our own nations and our own citizens.