Quote by Kofi Annan

Open markets offer the only realistic hope of pulling billions of people in developing countries out of abject poverty, while sustaining prosperity in the industrialized world.

Open markets offer the only realistic hope of pulling billio


This quote emphasizes the importance of open markets as a means to alleviate poverty and sustain global prosperity. It suggests that open markets provide the most viable opportunity for developing countries to lift billions of individuals out of extreme poverty. By allowing free trade and removing barriers to market entry, developing nations can tap into global markets and increase their economic growth. Simultaneously, it highlights how open markets benefit the industrialized world by creating new markets, promoting innovation, and fostering economic stability. Overall, the quote underscores the notion that open markets play a crucial role in addressing poverty and promoting global well-being.


By Kofi Annan
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