Find Quote by Angus Deaton
“Globalisation, for me, seems to be not first-order harm, and I find it very hard not to think about the billion people who have been dragged out of poverty as a result.”
About This Quote
Source Interview: World Bank Forum, 2015
Globalisation can lift billions out of poverty, but it also brings significant secondary harms that must be weighed.
In simple terms: Globalisation has both benefits and drawbacks.
Key Takeaway
Balance economic gains with social costs.
Themes
economics
global development
poverty reduction
Mood
analytical
concerned
Type
policy
economic
When to use this quote
- policy making
- development projects
- public debate
Key Concepts
trade
inequality
environmental impact
Questions to Reflect On
- What are the hidden costs?
- How can we mitigate negative effects?
A Different Perspective
Benefits may be unevenly distributed.
