Famous 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 develop
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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

In this quote, Tran Duc Luong is highlighting the unfavorable results of globalization. He argues that while globalization may cause benefits, these benefits are primarily enjoyed by a select few nations and effective multinational companies. This implies that the majority of countries and their citizens are left behind and do not gain the same advantages. This can lead to additional economic and social disparities between industrialized and establishing nations. Luong's statement suggests that the current procedure of globalization is not equitable and requires to be reviewed in order to create more equal opportunities for all nations and their individuals.

About the Author

Tran Duc Luong This quote is written / told by Tran Duc Luong somewhere between May 5, 1937 and today. He was a famous President from Vietnam. The author also have 4 other quotes.

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