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Addresses Quote by Christine Lagarde

“Those negatively affected by globalization, those who are losing their jobs, and losing their skills, people out of training, must be looked after. Governments must establish policies, and governments and companies must actually address that issue, so that those who lose out from globalization can…” quote by Christine Lagarde
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“Those negatively affected by globalization, those who are losing their jobs, and losing their skills, people out of training, must be looked after. Governments must establish policies, and governments and companies must actually address that issue, so that those who lose out from globalization can be retrained, recycled, re-established, cared for.”

Christine Lagarde

About This Quote

Source Speech: G20 Summit, 2023

Globalization harms some workers; governments and firms must provide retraining and support.

In simple terms: Help displaced workers adapt.

Key Takeaway

Invest in retraining programs.

Themes

economics social justice globalization

Mood

concerned determined

Type

policy economic

When to use this quote

  • job loss
  • skill development
  • social safety nets
  • corporate responsibility

Key Concepts

labor policy human capital

Questions to Reflect On

  • What policies best support retraining?
  • How can companies share responsibility?
A Different Perspective

Funding and coordination are challenging.

3.2 out of 5 (6 ratings)

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