Summers joined the board of the Center for Global Development as Chair on March 4, 2014. Summers said, “With almost half of the world—some 3 billion people—living on less than $3.00 a day, ensuring that the benefits of technology and global integration are widely shared is one of the central challenges of the 21st century.” Read the full article here.
Summers talked with USA Today’s Paul Davidson on February 24, 2014 about income inequality. Summers said, “I think globalization and technological change are raising the rewards to the most entrepreneurial and able among us. But they’re pulling away from everyone else. And that creates a real challenge to social cohesion.” Read the full article here.
Summers talked with CNBC’s Squawk on the Street on February 24, 2014. Summers said the crisis in Ukraine will be a “very important test for Europe.” Summers went on to say, “the challenges are going to be getting something in place quickly so that the Ukrainian people see real benefits to working cooperatively with Europe and the West.” Watch the video here.