Amount Quote by George Osborne
“I am actually quite encouraged and I think, actually, the UK is coping with globalisation a lot better than most other European countries. And that is reflected in the fact that (whilst of course there are people who are still unemployed) our unemployment rate is low and (whilst of course we need to export more) we are attracting a huge amount of inward investment into Britain.”
About This Quote
Source Speech: UK Treasury Autumn Statement, 2015
The UK adapts better to globalisation than many EU peers, reflected in low unemployment and high investment.
In simple terms: UK handles globalisation well, shown by low jobs and high investment.
Key Takeaway
Leverage strengths, address remaining challenges.
Themes
economics
globalisation
policy
employment
Mood
analytical
optimistic
Type
policy
economic
When to use this quote
- government budgeting
- business investment
- job creation
- policy review
Key Concepts
comparative advantage
economic resilience
Questions to Reflect On
- What policies can further improve job quality?
- How can investment be balanced with social equity?
A Different Perspective
Challenges remain in job quality and income inequality.
![“We've seen tremendous progress in many ways under President [Barack] Obama. I mean, if we think about where the economy was when he got in - you know, we were losing more than 700,000 jobs a month. The unemployment rate was skyrocketing. And now it's at under 5 percent, so there is a lot of…” quote by Julian Castro](https://sms4smile.com/quotes/img-quotes/24e/julian-castro-9410_barack_we-ve-seen-tremendous-progress-in-many-w_206611.jpg)
