Carney discusses the “right kind” of globalisation

Mark Carney

The governor of the Bank of Canada, Mark Carney, said during a speech to the Canadian Auto Workers union on August 22 that lessons about how to nurture the "right kind" of globalisation had been learned during recent years.

"The financial crisis and ensuing global recession demonstrated the fundamental interconnectedness of the global economy. When built on bedrock, interconnections of trade and investment create jobs and prosperity...However, when built on sand, as was the case for too much of

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