Division Quote by Toshihiko Fukui
“The increased global linkages promote economic growth in the world through two key mechanisms: the division of labor and the international spillovers of knowledge.”
About This Quote
Source Paper: Economic Development Review, 2018
Global connections boost growth by dividing labor and spreading knowledge internationally.
In simple terms: International trade and knowledge sharing drive economic growth.
Leverage global networks for development.
Themes
Mood
Type
When to use this quote
- business expansion
- policy making
- research collaboration
- education programs
Key Concepts
Questions to Reflect On
- How can developing nations capture more spillovers?
- What policies protect local industries while globalizing?
Benefits may be uneven across regions.