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"So the American economy needs the world, and the world needs the American economy."
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"Contagion has become very much a phenomenon, and it's a phenomenon of globalization."
"It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today."
"We may freak out globally, but we suffer locally."
"The more worrying feature of the new global corporate structures is their capacity to devastate national labour markets by transferring their operations to cheaper locations overseas."
"Trade is a communication of cultures and values."
"So the American economy needs the world, and the world needs the American economy."
"Today in the era of globalization there is no such issue as borders between states of the same nation."
"It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets."
"Globalisation makes it clear that social responsibility is required not only of governments, but of companies and individuals. All sources must interact in order to reach the MDGs."
"The world is getting so small. Young people are mobile; they want to travel around the world. When you travel around the world, you exchange culture, you want to make friends, you want to exchange things."
Explore more quotes by Rodrigo Rato
"And it's also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future."
"I mean, the world has already done a big, big effort to forget debt to countries heavily indebted and with low income. And that has given good chances to countries to get out of poverty."
"Masood Ahmed brings to the position of director of external relations extensive experience gained in a range of senior positions in international finance and development."
"We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that."
"We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy."
"We have believed for many years, much earlier than anyone else was talking about this issue, that it was in the interest of China to evolve to a more flexible exchange rate system."
"Most cases, I would say, in a huge amount of cases, countries that have worked with us and have used our financial facilities have come out quick... more quickly and in a better shape from a crisis than would have come out otherwise."
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