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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.” quote by Toshihiko Fukui
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“The increased global linkages promote economic growth in the world through two key mechanisms: the division of labor and the international spillovers of knowledge.”

Toshihiko Fukui

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.

Key Takeaway

Leverage global networks for development.

Themes

economics globalization innovation

Mood

optimistic strategic

Type

analytical informative

When to use this quote

  • business expansion
  • policy making
  • research collaboration
  • education programs

Key Concepts

comparative advantage knowledge spillovers

Questions to Reflect On

  • How can developing nations capture more spillovers?
  • What policies protect local industries while globalizing?
A Different Perspective

Benefits may be uneven across regions.

2.6 out of 5 (5 ratings)

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