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Advantages Quote by Tran Duc Luong

“Under the process of ongoing globalization, advantages are, in the main, created for a minority of countries and development centres as well as powerful transnational companies.” quote by Tran Duc Luong
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“Under the process of ongoing globalization, advantages are, in the main, created for a minority of countries and development centres as well as powerful transnational companies.”

Tran Duc Luong

About This Quote

Source Paper: Globalization impacts, 2018

Globalization mainly benefits a few powerful nations and corporations, widening inequality.

In simple terms: Globalization favors the powerful.

Key Takeaway

Recognize inequality in globalization.

Themes

economics globalization inequality power structures

Mood

analytical serious

Type

academic critical

When to use this quote

  • policy making
  • business strategy
  • academic research
  • NGO advocacy

Key Concepts

wealth concentration development disparity transnational influence

Questions to Reflect On

  • How can marginalized countries gain more from globalization?
  • What policies can curb corporate dominance?
A Different Perspective

Benefits can be redistributed with policy.

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