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Monday, 5 December 2016

Okonjo-Iweala At The Vatican With Pope Francis

At the Vatican with Pope Francis and Fortune 500 CEOs discussing globalization and inequality. Pointed out not only the positive impact of globalization, but also the negative impact on our continent: loss of textile jobs in Nigeria from 600,000 to 20,000 in two decades, and loss of 75,000 jobs in South Africa over a decade in textiles, footwear, and machinery.

We must look out for the losers in the globalization process and not only focus on the winners. We must look for inclusive globalization.

As the Holy Father said in his speech to us:
"When we ignore the cries of so many of our brothers and sisters throughout the world, we not only deny them their God-given rights and worth, but we also reject their wisdom and prevent them from offering their talents, traditions and cultures to the world. In so doing, the poor and marginalized are made to suffer even more, and we ourselves grow impoverished, not only materially, but morally and spiritually."