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 be retrained, recycled, re-established, cared for.”
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.
Invest in retraining programs.
Themes
Mood
Type
When to use this quote
- job loss
- skill development
- social safety nets
- corporate responsibility
Key Concepts
Questions to Reflect On
- What policies best support retraining?
- How can companies share responsibility?
Funding and coordination are challenging.