French President Emmanuel Macron addresses the 48th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 24, 2018. The 48th World Economic Forum (WEF) Annual Meeting opened Tuesday in Davos. (Xinhua/Xu Jinquan)
DAVOS, Switzerland, Jan. 24 (Xinhua) -- French President Emmanuel Macron on Wednesday appealed for inclusive and sustainable globalization while addressing participants of the ongoing annual World Economic Forum here.
The World Economic Forum's 48 Annual Meeting kicked off Tuesday, under the theme of "Creating a shared future in a fractured world."
"Economic growth is not an end in itself, it is a means to an end," said Macron, adding "the search for economic growth has sometimes let us forget what people are prepared to accept in order to achieve it," which is related precisely to today's globalization crisis.
"Globalization must make sense to people and improve their lives -- otherwise we will see a new generation of nationalists and extremists," Macron warned, explaining that the world is fractured due to a less equitable growth.
He said that multilateralism has been undermined, and many people have attacked international institutions such as the World Trade Organization, saying that they have alternative solutions.
"We saw what happened when we adopted a non-cooperation approach between governments," he said.
In terms of trade, Macron said "We are moving towards greater protectionism ... We're undoing what globalization has been able to achieve."
"Unless we are able to cooperate, we will not be able to take advantage of our comparative advantages," he said. "Those who don't want to move forwards should not block the most ambitious in the room."
