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Globalisation means that for a high-wage, developed economy like Britain's to compete we need to focus our efforts on the highly skilled, added-value sectors such as advanced manufacturing, creative industries, engineering and even financial services.

Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty and marginalisation.

I'm against this huge globalisation on the basis of economic advantage.

People say that globalisation has negative aspects, but I don't believe globalisation is bad. It's criticised from a western perspective, but if you put yourself in the shoes of people in the developing world, it provides an unprecedented opportunity.

Globalization is a fact of economic life.

Globalisation has powered economic growth in developing countries such as China. Global logistics, low domestic production costs, and strong consumer demand have let the country develop strong export-based manufacturing, making the country the workshop of the world.

This dilettante notion that the global economy is evil because big corporate leaders make too much money... they do make too much money, but the only way we've figured out how to generate wealth in this world is through the market economy.

Globalization is simply opening the free marketplace to encompass the entire world.

'Globalization' has become the great tag phrase, but when we talk about it, it's nearly always in terms of the global marketplace or communications technology - either data or goods that are whizzing around. We forget that people are whizzing around more and more. On them, it takes a toll.

The negative side to globalization is that it wipes out entire economic systems and in doing so wipes out the accompanying culture.