--- title: "Meaning & Key Takeaway of: Firstly, economic globalisation has…" description: "\"Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, ..." image: "https://sms4smile.com/quotes/i/9dc/anna-lindh-19492_america_firstly-economic-globalisation-has-broug_9171.png" --- # Firstly, economic globalisation has brought prosperity and… ![“Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty and marginalisation.” quote by Anna Lindh](https://sms4smile.com/quotes/i/9dc/anna-lindh-19492_america_firstly-economic-globalisation-has-broug_9171.png) [Download](https://sms4smile.com/quotes/i/9dc/anna-lindh-19492_america_firstly-economic-globalisation-has-broug_9171.png) [Open image](https://sms4smile.com/quotes/i/9dc/anna-lindh-19492_america_firstly-economic-globalisation-has-broug_9171.png) > “Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty and marginalisation.” [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Globalisation spurs growth but also creates uneven economic shocks and deepens inequality in vulnerable regions. **In simple terms:** Growth and disparity Key Takeaway Progress brings both benefits and risks Themes globalisation economic inequality financial instability development poverty regional disparity Mood concerned analytical Type observation analysis When to use this quote - policy analysis - academic research - media commentary - NGO advocacy - investment strategy Key Concepts trade investment financial markets social welfare Practical Applications - risk assessment - development planning Questions to Reflect On - How can policy mitigate the downsides of globalisation? - What mechanisms cause wealth gaps to widen? ★ ★ ★ ★ ★ No ratings yet [America](https://sms4smile.com/quotes/about/america/) [Asia](https://sms4smile.com/quotes/about/asia/) [Countries Financial](https://sms4smile.com/quotes/about/countries-financial-350101/) [Country](https://sms4smile.com/quotes/about/country/) [Crisis](https://sms4smile.com/quotes/about/crisis/) [Development](https://sms4smile.com/quotes/about/development/) [Development Countries](https://sms4smile.com/quotes/about/development-countries-350100/) [Economic](https://sms4smile.com/quotes/about/economic/) [Economic Globalisation](https://sms4smile.com/quotes/about/economic-globalisation-350099/) [Economics](https://sms4smile.com/quotes/about/economics/) [Financial](https://sms4smile.com/quotes/about/financial/) [Financial crisis](https://sms4smile.com/quotes/about/financial-crisis/) [Globalisation](https://sms4smile.com/quotes/about/globalisation/) [Globalisation Brought](https://sms4smile.com/quotes/about/globalisation-brought-350098/) [Latin](https://sms4smile.com/quotes/about/latin/) [Latin america](https://sms4smile.com/quotes/about/latin-america/) [Poverty](https://sms4smile.com/quotes/about/poverty/) [Prosperity](https://sms4smile.com/quotes/about/prosperity/) [Russia](https://sms4smile.com/quotes/about/russia/) ## Related quotes > [While big business gain subsidies and political access, small businesses drown in red tape, and individuals now risk being classified as terrorists for complaining…](https://sms4smile.com/quotes/zac-goldsmith/while-big-business-gain-subsidies-and-political-access-small/) [Zac Goldsmith](https://sms4smile.com/quotes/author/zac-goldsmith/) > [We believe that economic globalisation should be more open, inclusive, equitable, and balanced for mutual benefits.](https://sms4smile.com/quotes/sushma-swaraj/we-believe-that-economic-globalisation-should-be-more-open-inclusive/) [Sushma Swaraj](https://sms4smile.com/quotes/author/sushma-swaraj/) > [“We cannot simultaneously pursue democracy, national determination and economic globalisation.”](https://sms4smile.com/quotes/edward-luce/we-cannot-simultaneously-pursue-democracy-national-determination-and/) [Edward Luce](https://sms4smile.com/quotes/author/edward-luce/) > [Norway has a great history of women's football, but it's harder now. We've stopped talking about development, and other countries have overtaken us.](https://sms4smile.com/quotes/ada-hegerberg/norway-has-a-great-history-of-women-s-football-but-it-s-harder-now-we/) [Ada Hegerberg](https://sms4smile.com/quotes/author/ada-hegerberg/) > [It is the potential for economic growth that provides the basis for the development of countries, for bringing to people essential goods and services,…](https://sms4smile.com/quotes/lee-r-raymond/it-is-the-potential-for-economic-growth-that-provides-the-basis-for/) [Lee R. Raymond](https://sms4smile.com/quotes/author/lee-r-raymond/) > [Altermodern is an in-progress redefinition of modernity in the era of globalisation, stressing the experience of wandering in time, space and mediums. The term…](https://sms4smile.com/quotes/nicolas-bourriaud/altermodern-is-an-in-progress-redefinition-of-modernity-in-the-era-of/) [Nicolas Bourriaud](https://sms4smile.com/quotes/author/nicolas-bourriaud/) > [This is not bad, but the pace of globalisation has surpassed the capacity of the system to adjust to new realities of a more…](https://sms4smile.com/quotes/anna-lindh/this-is-not-bad-but-the-pace-of-globalisation-has-surpassed-the/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [The globalisation of information makes people aware of what they have - and have not. Problems and oppression are impossible to hide, and the…](https://sms4smile.com/quotes/anna-lindh/the-globalisation-of-information-makes-people-aware-of-what-they-have/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [Globalisation makes it clear that social responsibility is required not only of governments, but of companies and individuals. All sources must interact in order…](https://sms4smile.com/quotes/anna-lindh/globalisation-makes-it-clear-that-social-responsibility-is-required/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [Globalisation has made us more vulnerable. It creates a world without borders, and makes us painfully aware of the limitations of our present instruments,…](https://sms4smile.com/quotes/anna-lindh/globalisation-has-made-us-more-vulnerable-it-creates-a-world-without/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [If you're against globalisation, it doesn't achieve much by sort of bombing the head offices of Shell or Nestle. You unsettle people much more…](https://sms4smile.com/quotes/j-g-ballard/if-you-re-against-globalisation-it-doesn-t-achieve-much-by-sort-of/) [J. G. Ballard](https://sms4smile.com/quotes/author/j-g-ballard/) > [Migration is a feature of globalisation. You can’t stop it; so every time a political party says it is going to be tough on…](https://sms4smile.com/quotes/margaret-hodge/migration-is-a-feature-of-globalisation-you-can-t-stop-it-so-every/) [Margaret Hodge](https://sms4smile.com/quotes/author/margaret-hodge/) > [I'm against this huge globalisation on the basis of economic advantage.](https://sms4smile.com/quotes/david-attenborough/i-m-against-this-huge-globalisation-on-the-basis-of-economic-advantage/) [David Attenborough](https://sms4smile.com/quotes/author/david-attenborough/) > [People say that globalisation has negative aspects, but I don't believe globalisation is bad. It's criticised from a western perspective, but if you put…](https://sms4smile.com/quotes/tadashi-yanai/people-say-that-globalisation-has-negative-aspects-but-i-don-t/) [Tadashi Yanai](https://sms4smile.com/quotes/author/tadashi-yanai/) > [“The free-market economy and globalisation process have brought about, in the late twentieth and early twenty-first century, a sharp and sudden rise in the…](https://sms4smile.com/quotes/yaakov-malkin/the-free-market-economy-and-globalisation-process-have-brought-about/) [Yaakov Malkin](https://sms4smile.com/quotes/author/yaakov-malkin/) ## More by Anna Lindh > [We need new partnerships in fighting terrorism and building peace.](https://sms4smile.com/quotes/anna-lindh/we-need-new-partnerships-in-fighting-terrorism-and-building-peace/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [The developing countries must be able to take a more active part in trade negotiations, through technical assistance and support from the developed countries.](https://sms4smile.com/quotes/anna-lindh/the-developing-countries-must-be-able-to-take-a-more-active-part-in/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [The world is richer than ever, and the gaps between rich and poor are wider.](https://sms4smile.com/quotes/anna-lindh/the-world-is-richer-than-ever-and-the-gaps-between-rich-and-poor-are/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [Nonetheless, the developing countries must be able to reap the benefits of international trade.](https://sms4smile.com/quotes/anna-lindh/nonetheless-the-developing-countries-must-be-able-to-reap-the/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [We urge President Bush to abstain from the National Missile Defense, just as we urge China, India and Pakistan to discontinue their nuclear arsenals.](https://sms4smile.com/quotes/anna-lindh/we-urge-president-bush-to-abstain-from-the-national-missile-defense/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [Human rights are praised more than ever - and violated as much as ever.](https://sms4smile.com/quotes/anna-lindh/human-rights-are-praised-more-than-ever-and-violated-as-much-as-ever/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [Terrorism can never be accepted. We must fight it together, with methods that do not compromise our respect for the rule of law and…](https://sms4smile.com/quotes/anna-lindh/terrorism-can-never-be-accepted-we-must-fight-it-together-with/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [We need the UN, to deal with the threats to our common security from nuclear, chemical and biological weapons, not only in the case…](https://sms4smile.com/quotes/anna-lindh/we-need-the-un-to-deal-with-the-threats-to-our-common-security-from/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [Globalisation makes it clear that social responsibility is required not only of governments, but of companies and individuals. All sources must interact in order…](https://sms4smile.com/quotes/anna-lindh/globalisation-makes-it-clear-that-social-responsibility-is-required/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [Global markets must be balanced by global values such as respect for human rights and international law, democracy, security and sustainable economic and environmental…](https://sms4smile.com/quotes/anna-lindh/global-markets-must-be-balanced-by-global-values-such-as-respect-for/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [The world has got more democracies than ever, and human rights are high on almost every country's agenda. Still, corruption and oppression are far…](https://sms4smile.com/quotes/anna-lindh/the-world-has-got-more-democracies-than-ever-and-human-rights-are/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [The globalisation of information makes people aware of what they have - and have not. Problems and oppression are impossible to hide, and the…](https://sms4smile.com/quotes/anna-lindh/the-globalisation-of-information-makes-people-aware-of-what-they-have/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [Still, corruption and oppression are far too common threats to the democratic society.](https://sms4smile.com/quotes/anna-lindh/still-corruption-and-oppression-are-far-too-common-threats-to-the/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [One of the gaps in our international development efforts is the provision of global public goods - that is, goods or conditions we need…](https://sms4smile.com/quotes/anna-lindh/one-of-the-gaps-in-our-international-development-efforts-is-the/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [This is not bad, but the pace of globalisation has surpassed the capacity of the system to adjust to new realities of a more…](https://sms4smile.com/quotes/anna-lindh/this-is-not-bad-but-the-pace-of-globalisation-has-surpassed-the/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) [Explore all 32 Anna Lindh quotes ](https://sms4smile.com/quotes/author/anna-lindh/) ## More America quotes > [The costs of the Bush-Obama wars in Iraq and Afghanistan are now estimated to run as high as $4.4 trillion - a major victory…](https://sms4smile.com/quotes/noam-chomsky/the-costs-of-the-bush-obama-wars-in-iraq-and-afghanistan-are-now/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [Young men, especially in America, write to me and ask me to recommend “a course of reading.” Distrust a course of reading! People who…](https://sms4smile.com/quotes/andrew-lang/young-men-especially-in-america-write-to-me-and-ask-me-to-recommend-a/) [Andrew Lang](https://sms4smile.com/quotes/author/andrew-lang/) > [Well, The Day the Earth Caught Fire was a story... I don't if anybody knows what it is but it was about... in the…](https://sms4smile.com/quotes/val-guest/well-the-day-the-earth-caught-fire-was-a-story-i-don-t-if-anybody/) [Val Guest](https://sms4smile.com/quotes/author/val-guest/) > [So here's what I want you to know, and here's what I want all our men and women in uniform to know: Because of…](https://sms4smile.com/quotes/barack-obama/so-here-s-what-i-want-you-to-know-and-here-s-what-i-want-all-our-men/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Today, the world looks to America for leadership. And America looks to its Corps of Marines.](https://sms4smile.com/quotes/ronald-reagan/today-the-world-looks-to-america-for-leadership-and-america-looks-to/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [The image of blacks usually is one of people who are suffering from hunger, unemployment, and poverty. The idea of them as agents and…](https://sms4smile.com/quotes/grace-lee-boggs/the-image-of-blacks-usually-is-one-of-people-who-are-suffering-from/) [Grace Lee Boggs](https://sms4smile.com/quotes/author/grace-lee-boggs/) > [ I'll smoke, I'll cough, I'll get the tumors, I'll die, deal? Thank you America. \[salutes\] ](https://sms4smile.com/quotes/bill-hicks/i-ll-smoke-i-ll-cough-i-ll-get-the-tumors-i-ll-die-deal-thank-you/) [Bill Hicks](https://sms4smile.com/quotes/author/bill-hicks/) > [America is a democracy and has no Hitler, but I am afraid for her future; there are hard times ahead for the American people,…](https://sms4smile.com/quotes/albert-einstein/america-is-a-democracy-and-has-no-hitler-but-i-am-afraid-for-her/) [Albert Einstein](https://sms4smile.com/quotes/author/albert-einstein/) > [I'm gonna bring America together.](https://sms4smile.com/quotes/donald-trump/i-m-gonna-bring-america-together/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [In the nineteenth century some parts of the world were unexplored, but there was almost no restriction on travel.:; Up to 1914 you did…](https://sms4smile.com/quotes/george-orwell/in-the-nineteenth-century-some-parts-of-the-world-were-unexplored-but/) [George Orwell](https://sms4smile.com/quotes/author/george-orwell/) > [We need a system that serves our needs, not the needs of others. 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