We would not be enjoying those cellphones and those tablets at the price where they are had it not been for globalization, both in terms of trade and in terms of constant technological innovation.

We draw many benefits from globalization that people take for granted. Poverty has been reduced massively around the world. If you look at the Chinese numbers, it is quite mind-boggling: 700 million people taken out of poverty in a matter of 40 years, the poverty rate having moved from over 30 per cent from hardly six per cent now. That would not have happened if there had not been globalization.

The financial industry is a service industry. It should serve others before it serves itself.

Social unrest and protectionism are the two major risks of the world economic crisis.

It so happens that because all the economies are strongly inter-connected and aggregated, there is trade that is happening not just from China to the rest of the world, but from the rest of the world to China as well, and that is going to continue.

Consumption has massively benefited from globalization.

You know, when I sit in meetings and things are very tense and people take things extremely seriously and they invest a lot of their ego, I sometimes think to myself, 'Come on, you know, there's life and there's death and there is love.' And all of that ego business is nonsense compared to that.