"Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support"

This quote by Paul Samuelson suggests that globalization depends on continual financial development in order to succeed. Without economic growth, the process of globalization would not be able to offer the economic advantages and political support that it currently does. This indicates that financial growth is necessary for globalization to be effective which without it, the process would not be able to offer the same level of advantages and support. This quote likewise recommends that financial development is essential for globalization to be effective which without it, the process would not be able to supply the exact same level of advantages and assistance. This implies that financial development is vital for globalization to be successful which without it, the process would not have the ability to supply the same level of advantages and assistance.