Richard Grasso Quotes

People now realize that globalization is not only for the multi-nationals and the circulation of money.

Globalization has produced a new of level of interdependence among us. The economy and multinational supply chains do not abide by political boundaries. A computer ordered in Brazil is designed in California and assembled in several other countries. Economic integration was the first strong evidence of a new era.

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.

We have benefited greatly from the globalization of the economy in the last 30 years.

Local and national politics have now become irretrievably global because their economies are locked into the global system.

So the American economy needs the world, and the world needs the American economy.

The regime of globalization promotes an unfettered marketplace as the dynamic instrument organizing international relations.

I think globalization is a great thing. And now a lot of people complain about globalization; a lot of people don't like, you know, the globalize of the concept, the idea of the results. I think the globalization is a great idea and to create a lot of jobs.

New Zealand obviously is fully integrated into the global economy.

Nowadays, however strong an economy is, not all roads will lead only there. There will be other links between countries in Asia, with America, with Europe, and China will fit into this global network.

We're so interdependent, and what one country does is such an important part of what happens in the global economy.

We understand that America's prosperity is bound up with the prosperity of other nations, including emerging market nations.

The whole world is an open, free market. No state can exist without the others.

If we didn't have the rest of the world growing, the United States economy would be in much worse shape than it is today.

We are beginning to see the benefits of global consolidation.

The free trade movement in the middle of the last century represents the first conscious recognition of these new circumstances and of the necessity to adapt to them.

Russia should support globalization. The Internet can develop in Russia in a very speedy way.

People have accused me of being in favor of globalization. This is equivalent to accusing me of being in favor of the sun rising in the morning.

The basic idea was that if a country would put its economy as an integrated piece of the world system, that it would benefit from that with economic growth. I concur with that basic view.

The benefits and consequences of globalization have a great deal to do with whether we're intelligent and thoughtful about how we approach globalization, or whether we're blindly accepting... or blindly resistant.

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

We've got to demonstrate why European unity and integration, our vast single market, our single currency, equip us with the strength to embrace globalization.

Accordingly, globalization is not only something that will concern and threaten us in the future, but something that is taking place in the present and to which we must first open our eyes.

If you look at national economies today, for example, the American economy, the European economy, the Indians, the Chinese, we're all tied together. If one of them sinks, the rest are going to sink with them and if one floats, the rest are lifted up. I find that very interesting.

In a globalized world policies based on zero-sum games do not work.