Countries like Canada, Korea, China, Germany can and should use fiscal space. Some of them are doing it, not all.

There are goods that are outside trade and in the public domain and that should be reserved and protected.

When women do better, economies do better.

A global world needs global firewalls.

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

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.

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.