excerpts from

secretary of state madeleine k. albright

on international economic leadership

"We will also fuel an expanding global economy that is creating new opportunities for people on every continent.  And we will give more countries a stake in the international system . . . and the message we must all do our best to get across is that movement towards a more integrated global economy is not a choice or an option; it is a fact of life.  Integration is fueled by technology which is driven by knowledge which has no reverse gear.

We can also work towards agreements to open up whole new sectors of the global economy . . . opening the world economy is not an end, but a means.  Our purpose is not simply to increase the volume of global commerce, it is to improve the quality of peoples' lives.  The evidence is clear, however, that globalization is not lowering standards around the world; it is raising them."

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