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The world economy today is recovering slowly, and there are still some destabilising factors and uncertainties. The underlying impact of the international financial crisis is far from over.
If you don't have a functioning financial system the world economy won't be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed.
Instead of saying that globalization is a fact, that it's inevitable, we've also got to demonstrate that while the growing interdependence of the world economy is indeed a fact, it's not uncontrollable.
I think we are evolving rapidly into one world culture. It's certainly one world economy. With billions of people online, I think we'll appreciate the wisdom in many different traditions as we learn more about them. People were very isolated and didn't know anything about other religions 100 years ago.
The people of the United States don't recognize it, but the oil industry has given the greatest gift to the people of the nation, and that gift is the low cost of energy. Bottom line is this enables the country to be very competitive manufacturing-wise and in the world economy.
Ray Lee Hunt
If China wants to be a constructive, active player in the world economy, it's got to respect intellectual property rights or it makes it pretty impossible to do business with them.
The globalization of the capital market is actually part of economic globalization. This will create a change in the entire world economy, not just restricted to some fields in some countries.
There is no doubt that the world economy is in trouble. But if governments or individuals use this as an excuse to reduce assistance to the world's poorest people, they will only multiply the seriousness of the problem for the world as a whole.
We escaped the last big bursting of a bubble - the dotcom bubble - with a relatively light U.S. recession. On that occasion, the world economy found its way back on track fairly quickly.
In a perfect world we would bring corporate tax rates down to 25% or less so we can get competitive in the world economy. Ultimately, I would love to see a flat tax.
Manufacturing capacity is not a rigid level against which one bounces. When you are dealing with a world economy, with a flexibility to employ production facilities other than one's own, then the concept of capacity is vaguer.
As economic life relies more and more on the Internet, the potential for small bands of hackers to launch devastating attacks on the world economy is growing.
Even small cults are a serious cost on the world economy, to victims, their families, employers, friends, and credit-card companies.
China has made important contribution to the world economy in terms of total economic output and trade, and the RMB has played a role in the world economic development. But making the RMB an international currency will be a fairly long process.
Turkey is widely envied while there are very serious troubles in the world economy.
Many people in the world believe that in the 21st century, the Asia-Pacific - Asia in particular - will play a more important role in global economy and politics and that Asia will become an important engine for the world economy.
I think the producers, for the most part, don't want to see prices skyrocket because that will only create problems for them down the road and would also be a, you know, would be a very serious shock for a world economy that can't afford serious shocks right now.
What I'm really worried about is war. Will the former rich countries really accept a completely changed world economy, and a shift of power away from where it has been the last 50 to 100 to 150 years, back to Asia?
Oil prices have certainly become a threat for the world economy.
America knows it has got to deal with its deficit problems so that it, too, can promise it is making its proper and best contributions to the world economy.
China is a BRIC country. BRIC country means Brazil, Russia, India and China. This emerging economy really is helping the revival of the world economy.
China is growing very quickly and is clearly becoming an important player in the world economy.
Both the United States and the world economy have already reached - and surpassed - their sustainable physical limits. Ground water is being drawn down, soils eroded, forests cut faster than they grow, fish caught faster than they reproduce, non-renewable fossil fuels burnt without developing substitutes.
It is much harder for economies to prosper if they cannot sell to, buy from, invest with, and even transit their neighbors. Landlocked countries with failed or failing neighbors can lose access to the world economy.
Martin Luther King, Jr.
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A single rose can be my garden... a single friend, my world.
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