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"Contagion has become very much a phenomenon, and it's a phenomenon of globalization."
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"So the American economy needs the world, and the world needs the American economy."

"Most agree, whatever their party political position, that the West can and should open its agricultural markets more fully to the products of the poorer countries of the globe. They are agricultural societies that need our markets more than our charity."

"Trade is a communication of cultures and values."

"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 more I come to know about the outside world's perception of China, the more I feel there are all sorts of misunderstandings, and to a certain extent, people do not get the full picture from the media. A lot of foreigners have few opportunities to visit China, and a lot of Chinese people do not have the chance to go to Europe or to the West."

"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."

"A certain number of Americans are already in Peking and most of us here feel that it would be very useful for the United States and especially for the Left-wing progressive movement in the United States if groups of students such as you mention could make a tour of China."

"Every day more Americans watch their jobs being shipped overseas."

"Russia should support globalization. The Internet can develop in Russia in a very speedy way."
Explore more quotes by Lawrence Summers

"I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to it."

"If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles."

"But ultimately what I was impressed by during my years in government was how much the intellectual climate and the prevailing intellectual notions constrained and represented the universe within which the discourse took place."

"There are children who are working in textile businesses in Asia who would be prostitutes on the streets if they did not have those jobs."

"It certainly was difficult to sell NAFTA because it's always difficult to sell open markets."
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