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"Contagion has become very much a phenomenon, and it's a phenomenon of globalization."
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"Trade is a communication of cultures and values."

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

"It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets."

"It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today."

"When you live in the United States, with the roar of the free market, the roar of this huge military power, the roar of being at the heart of empire, it's hard to hear the whispering of the rest of the world. And I think many US citizens want to. I don't think that all of them necessarily are co-conspirators in this concept of empire. And those who are not, need to listen to other stories in the world - other voices, other people."

"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."

"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."

"Globalization means standardization. The very rich and the very poor must want the same things, but only the rich can have them."

"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."

"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 Lawrence Summers

"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."

"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."

"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."

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

"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."
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