Quotes & Sayings About Asian Economy

The global centre of power shifted to Europe only between 1750 and 1850, when Europeans humiliated the Asian powers in a series of wars and conquered large parts of Asia. By 1900 Europeans firmly controlled the world's economy and most of its territory. In 1950 western Europe and the United States together accounted for more than half of global production, whereas China's portion had been reduced to 5 per cent.4 — Yuval Noah Harari

So in Asia I want to make - I want to succeed to make a model of what success, practicing democracy, and market economy. Then that will give a good influence over Asian countries. — Kim Dae-jung

We know that a smarter Australia means a stronger Australia. An Australia able to grasp the opportunities of the Asian Century. A skilled workforce and a strong, productive and resilient economy. We know we'll only win the economic race in the Asian Century if we win the education race. — Wayne Swan

Right after 9/11 it looked as if the idea of a huge skyscraper might be considered obsolete. It came back, but I think that's more closely connected to the rise of Asian and Middle Eastern cities in the world economy (Dubai, Shanghai, Taipei, etc.) than anything else. — Paul Goldberger

I take great pride in having been able to overcome the Asian financial crisis and seeking the opportunities available to bring about an unprecedented growth in the economy. — Zhu Rongji

Nationally, more than one million Asian American entrepreneurs create jobs in their communities, helping fuel local commerce. In New York, we have seen firsthand how this community has helped drive our economy forward through hard work and ingenuity. — Nydia Velazquez

When you look at the state of the economy right now, you have to set a priority. And my top priority is the deficit of jobs and economic growth, and especially this perception that the United States could be falling behind especially Asian economies. — Mark Kirk

As I travel around the world, it's fascinating; European leaders, Asian leaders, they all say to me, America is actually poised to be the world leader for another century - if we can fix some of this political dysfunction ... We've got a lot of national security challenges, but if we get our economy together, and if we can get our political system to work well, I am really confident about our future. — Barack Obama

The confidence is really driven by the woman - whether she can have the confidence that there will be enough earning or income to finance all the domestic spending - but also by the middle-income class, which for many Asian countries has become the growth power for the economy. — Sri Mulyani Indrawati

In this context, the current recovery in the Japanese economy is taking place in tandem with the growing interdependence with the rest of the world, particularly with the other East Asian economies. — Toshihiko Fukui

I think a major cause of present Asian economic difficulties that mainly come from, you know, lack of market economy. — Kim Dae-jung

The Indian economy grew at 5.5 percent, but if you look at the last 30 years - for example, 1960 to 1985 - the progress made by East Asian countries was phenomenal. In a single generation they had been able to transform the character of their economy. They were able to get rid of chronic poverty. — Manmohan Singh

It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets. — Lawrence Summers

On the other hand, there are a number of cases where economic growth did not produce better governance, but where, to the contrary, it was good governance that was responsible for growth. Consider South Korea and Nigeria. In 1954, following the Korean War, South Korea's per capita GDP was lower than that of Nigeria, which was to win its independence from Britain in 1960. Over the following fifty years, Nigeria took in more than $300 billion in oil revenues, and yet its per capita income declined in the years between 1975 and 1995. In contrast, South Korea grew at rates ranging from 7 to 9 percent per year over this same period, to the point that it became the world's twelfth-largest economy by the time of the Asian financial crisis in 1997. The reason for this difference in performance is almost entirely attributable to the far superior government that presided over South Korea compared to Nigeria. — Francis Fukuyama