Quotes & Sayings About Economic Development

For too long the development debate has ignored the fact that poverty tends to be characterized not only by material insufficiency but also by denial of rights. What is needed is a rights-based approach to development. Ensuring essential political, economic and social entitlements and human dignity for all people provides the rationale for policy. These are not a luxury affordable only to the rich and powerful but an indispensable component of national development efforts. — Kofi Annan

Seen that way, the wholesale transformation of production technologies that is mandated by pollution prevention creates a new surge of economic development. — Barry Commoner

What is freedom? What is slavery? Does man's freedom consist in revolting against all laws? We say No, in so far as laws are natural, economic, and social laws, not authoritatively imposed but inherent in things, in relations, in situations, the natural development of which is expressed by those laws. We say Yes if they are political and juridical laws, imposed by men upon men: whether violently by the right of force; whether by deceit and hypocrisy - in the name of religion or any doctrine whatever; or finally, by dint of the fiction, the democratic falsehood called universal suffrage. — Mikhail Bakunin

The crisis is a period in which a diseased social, economic, and political body or system cannot live on as before and is obliged, on pain of death, to undergo transformations that will give it a new lease on life. Therefore, this period of crisis is a historical moment of danger and suspense during which the crucial decisions and transformations are made, which will determine the future development of the system if any and its new social, economic, and political basis. — Andre Gunder Frank

It's strange that such a chauvinist monster like me has been asked to speak to women scientists. Let me tell you about my trouble with girls. Three things happen when they are in the lab: you fall in love with them, they fall in love with you, and when you criticise them they cry. Perhaps we should make separate labs for boys and girls? Now, seriously, I'm impressed by the economic development of Korea. And women scientists played, without doubt an important role in it. Science needs women, and you should do science, despite all the obstacles, and despite monsters like me. — Tim Hunt

It isnt easy to put all of the ingredients together and one of the key things is this is the first time theres been a real, significant governmental body participation. In our case, its Collin County and the City of Frisco, the Frisco Economic Development group and the Frisco Independent School District. Those bodies, and Hunt Sports Group, obviously, put money into the project, and that has helped make it work. — Lamar Hunt

As children become increasingly less connected to adults, they rely more and more on each other; the whole natural order of things change. In the natural order of all mammalian cultures, animals or humans, the young stay under the wings of adults until they themselves reach adulthood. Immature creatures were never meant to bring one another to maturity. They were never meant to look to one another for primary nurturing, modelling, cue giving or mentoring. They are not equipped to give one another a sense of direction or values. As a result of today's shift to this peer orientation, we are seeing the increasing immaturity, alienation, violence and precocious sexualization of North American Youth. The disruption of family life, rapid economic and social changes to human culture and relationships, and the erosion of stable communities are at the core of this shift. — Gabor Mate

The tremendous and still accelerating development of science and technology has not been accompanied by an equal development in social, economic and political patterns ... it is safe to predict that ... such social inventions as modern-type capitalism, facism and communism will be regarded as primitive experiments directed towards the adjustment of modern society to modern methods — Ralph Linton

The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy. — Peter Drucker

A masterly analysis of how political interests, economic circumstances, development strategies, and local history have shaped what are surprisingly different versions of the welfare state across the developing world. The authors combine fine-grained country analyses with intelligent use of data, and explain and extend the theory and literature on the modern welfare state. The book is both scholarly and readable. — Nancy Birdsall

Development requires major source of unfreedom: poverty as well as tyranny, poor economic opportunities as well as systematic social deprivation, neglect of public facilities as well as intolerance or overactivity of repressive states. — Amartya Sen

Yes, many years of oppression may have complicated things and it seems impossible for blacks to create their own means of production. But, I truly believe that we must start somewhere. We must reimagine a world where we are proudly black and support all things black in order to reinvent the economic wheel. We talk. We produce theories. We prove ourselves and and and... But we must also put our money where our mouths and theories are. This is why we fight each and every single day. — Malebo Sephodi

No government has the right to decide on the truth of scientific principles, nor to prescribe in any way the character of the questions investigated. Neither may a government determine the aesthetic value of artistic creations, nor limit the forms of literacy or artistic expression. Nor should it pronounce on the validity of economic, historic, religious, or philosophical doctrines. Instead it has a duty to its citizens to maintain the freedom, to let those citizens contribute to the further adventure and the development of the human race. — Richard Feynman

When politicians like Sen. Joseph Lieberman target video game violence, perhaps it is to distract attention from the material conditions that give rise to a culture of domestic violence, the economic policies that make it harder for most of us to own our own homes, and the development practices which pave over the old grasslands and forests. Video games did not make backyard play spaces disappear; rather, they offer children some way to respond to domestic confinement. — Henry Jenkins

The real potential of electricity lies not in providing social amenities but in stimulating long-term economic development — Christopher Flavin

Financial inclusion helps lift people out of poverty and can help speed economic development. It can draw more women into the mainstream of economic activity, harnessing their contributions to society. — Sri Mulyani Indrawati

Falling prices are driving renewable energy investment in India, which rose 13 per cent last year and is expected to surpass 10 billion dollars in 2015. Adoption of increasingly cost-effective renewables holds the genuine promise of a new age of socio-economic development, powered by clean, increasingly decentralised, and sustainable energy. The opportunity for India is tremendous. — Adnan

A successful economic development strategy must focus on improving the skills of the area's workforce, reducing the cost of doing business and making available the resources business needs to compete and thrive in today's global economy. — Rod Blagojevich

It became clear I wanted to be a development economist. I mean, I said I wanted to work on the economics of poor countries. And I'd actually say that I don't think that was so much about narrowing the gap as about increasing their incomes, which means economic growth, which is really my prime interest. — James Mirrlees

Economic development is not a zero-sum game; the world does not need poor countries in order to have rich countries, nor must some people be poor in order for others to be rich. Families who live in public housing on the South Side of Chicago are not poor because Bill Gates lives in a big house. They are poor despite the fact that Bill Gates lives in a big house. For a complex array of reasons, America's poor have not shared in the productivity gains spawned by Microsoft Windows. Bill Gates did not take their pie away; he did not stand in the way of their success or benefit from their misfortunes. — Charles Wheelan

We have in this country a federal government that increasingly is engaged in trying to determine which business, which regions, which industries will succeed, which will not through a whole range of economic development, regional development corporate subsidization programs. — Stephen Harper

but on Hegel, his "idealist" predecessor who was the first philosopher to answer Kant's challenge of writing a Universal History. For Hegel's understanding of the Mechanism that underlies the historical process is incomparably deeper than that of Marx or of any contemporary social scientist. For Hegel, the primary motor of human history is not modern natural science or the ever expanding horizon of desire that powers it, but rather a totally non-economic drive, the struggle for recognition. Hegel's Universal History complements the Mechanism we have just outlined, but gives us a broader understanding of man - "man as man" - that allows us to understand the discontinuities, the wars and sudden eruptions of irrationality out of the calm of economic development, that have characterized actual human history. — Francis Fukuyama

All pursuit of commodity production becomes at the same time pursuit of the exploitation of labour-power; but only capitalist commodity production is an epoch-making mode of exploitation, which in the course of its historical development revolutionizes the entire economic structure of society by its organization of the labour process and its gigantic extension of technique, and towers incomparably above all earlier epochs. — Karl Marx

Today, we have more than 110,000 men and women deployed in conflict zones around the world. They come from nearly 120 countries ... Thanks to their efforts, life-saving humanitarian assistance can be delivered and economic development can begin. — Ban Ki-moon

Economic freedom is very important for women empowerment. They must be partners in economic development also. I have seen that women are very good at adapting to latest technology. We should link women and technology up-gradation. — Narendra Modi

The great flaw of all these administrative techniques is that, in the name of equality and democracy, they function as a vast "antipolitics machine", sweeping vast realms of legitimate public debate out of the public sphere and into the arms of technical, administrative committees. They stand in the way of potentially bracing and instructive debates about social policy, the meaning of intelligence, the selection of elites, the value of equity and diversity, and the purpose of economic growth and development. They are, in short, the means by which technical and administrative elites attempt to convince a skeptical public--while excluding the public from debate--that they play no favorites, take no obscure discretionary action, and have no biases but are merely taking transparent technical calculations. — James C. Scott

In the social production which men carry on they enter into definite relations that are indispensable and independent of their will; these relations of production correspond to a definite stage of development of their material powers of production. The sum total of these relations of production constitutes the economic structure of society - the real foundation, on which rise legal and political superstructures and to which correspond definite forms of social consciousness. The mode of production in material life determines the general character of the social, political and spiritual processes of life. It is not the consciousness of men that determines their existence, but, on the contrary, their social existence determines their consciousness. — Karl Marx

An exploration of the challenges Korea faces in transforming its economy from a government-directed, low-cost producer to an innovative world economic power based on its own scientific and technological development. — Lewis M. Branscomb

The whole infrastructure of air travel was, and is, part of government policy. It is not a natural development of a free economic system - at least not in the way that is claimed. The same is true of the roads, of course. — Noam Chomsky

We in Himalaya are facing a crisis of survival due to the suicidal activities being carried out in the name of development ... The monstrous Tehri dam is a symbol of this ... There is need for a new and long-term policy to protect the dying Himalaya. I do not want to see the death of the most sacred river of the world-the Ganga- for short-term economic gains. — Sunderlal Bahuguna

Increasingly economic historians can draw analogies between the development of the present crisis and the period between the two world wars, as well as the crisis of a century ago, which was associated with the so-called great depression of 1873-1895. The latter crisis resulted in the rise of monopoly capitalism and imperialism, but also the end of Pax Britannica, as Britain began its decline from world leadership in the face of challenges from Germany and the United States. The present world crisis seems to be spelling the beginning of the end of Pax Americana and may hold untold other major readjustments in the international division of labor and world power in store for the future. — Andre Gunder Frank

Only through the struggle of the working class, the main revolutionary force in modern society, can a progressive solution be found to the crisis created by the breakdown of capitalism. The working class is revolutionary because 1) it is the principal productive force in society; 2) the historical and political logic of its resistance to capitalist exploitation and oppression leads to the abolition of private ownership of the means of production, the replacement of the profit motive with the satisfaction of social needs as the driving principle of economic life, and the realization of genuine social equality among all people; and 3) it is an international class whose victory will break down the barriers of national states and unite humanity in a truly global community devoted to the protection and development of its common home, the Earth. — Anonymous

Culture changes with economic development. — Ha-Joon Chang

The built environment is shaped not only by private sector development pratices, but also by the honored and fascinating field of planning. Planners in towns, counties, regional and state government, consulting firms and in economic development agencies translate ideas about human settlements into concrete designs. They can be generalists or specialize in transportation, urban centers, rural land use, economic development and more. At its best, the planning profession aims to mediate tensions between people, social groups, and the natural environment by creating an orderly process for determining common values, shared priorities and elegant principles for transcending conflicts. Therefore planners may find themselves caught in some of the most challenging political crossfire to be found. But they also have the opportunity to educate many sectors and communities. — Melissa Everett

When the Irishman is found outside of Ireland in another environment, he very often becomes a respected man. The economic and intellectual conditions that prevail in his own country do not permit the development of individuality. No one who has any self-respect stays in Ireland, but flees afar as though from a country that has undergone the visitation of an angered Jove. — James Joyce

The fact that so many of your people are today residents and citizens of the United States, lending their influence to our civic and economic life, which has meant so much to our development. — Frank B. Kellogg

Power ... Military success is not sufficient to win: economic development, institution-building and the rule of law, promoting internal reconciliation, good governance, providing basic services to the people, training and equipping indigenous military and police forces, strategic communications, and more of these, along with security, are essential ingredients for long-term success ... — Robert M. Gates

[Voltaire] theoretically prefers a republic, but he knows its flaws: it permits factions which, if they do not bring on civil war, at least destroy national unity; it is suited only to small states protected by geographic situation, and as yet unspoiled and untorn with wealth; in general "men are rarely worthy to govern themselves." Republics are transient at best; they are the first form of society, arising from the union of families; the American Indians lived in tribal republics, and Africa is full of such democracies. but differentiation of economic status puts an end to these egalitarian governments; and differentiation is the inevitable accompaniment of development. — Will Durant

If Canada could simply apply the basic principles of sustainable development, such as the internalization of costs and 'polluters pay,' it would have long-term beneficial effects, both environmental and economic. — Andrew Nikiforuk

This is probably the most difficult task we have ever given ourselves, which is to intentionally transform the economic development model, for the first time in human history. — Christiana Figueres

We need to keep investing in economic and homeland security. We need to bank on the right kind of economic development. We need to embrace opportunities, but with the right kind of safeguards. — John Baldacci

What we need in Africa is balanced development. Economic success cannot be a replacement for human rights or participation or democracy ... it doesn't work. — Mo Ibrahim

Access to a secure, safe and sufficient source of fresh water is a fundamental requirement for the survival, well-being and socio-economic development of all humanity. Yet, we continue to act as if fresh water were a perpetually abundant resource. It is not. — Kofi Annan

China needs a powerful Europe, but Europe can only be strong if each and every one of its members attains rapid economic development. — Victor Ponta

Economic development cannot take a nation forward on its own. We need a society and economy which complement each other. We need to take care of the poor, deprived and left behind sections of society. — Narendra Modi

Democracy is the absolute value that makes for human dignity, as well as the only road to sustained economic development and social justice. — Kim Dae-jung

If overpopulation or lack of resources created poverty, then Hong Kong should be poor. Hong Kong has 20 times as many people per square mile as India, and no valuable natural resources. Yet Hong Kong is rich; the average income there is higher than in Great Britain or Canada. This is a recent development. In the 1920s, Hong Kong was as poor as India. But in a relatively short time it became rich because of one key ingredient: economic freedom. — John Stossel

In Philadelphia, our public safety, poverty reduction, health and economic development all start with education. We can't grow the middle class if we don't give our kids the tools they need to innovate and invent. — Michael Nutter

Every time economic and technical development takes a step forward, forces emerge which attempt to create political forms for what, on the economic-technical plane, has already more or less become reality. — Christian Lous Lange

The people of Missouri said they expect their elected leaders to support public schools because they know that education is the best economic development tool there is. — Jay Nixon

Tomorrow's outcome for our nation is dependent upon how we act today to create the outcomes we desire for our country. Individual accountability is each of our responsibilities if we want to rebuild, renew and restore the great values that made America a global super power and light of hope to the rest of the world. Each of us is either part of the problem or the solution. — Don A. Holbrook

Citizens across the United States are now uniting in a great cause to establish a Department of Peace, seeking nothing less than the transformation of our society, to make non-violence an organizing principle, to make war archaic through creating a paradigm shift in our culture for human development, for economic and political justice and for violence control. — Dennis Kucinich

Also, the Christian worldview has made foundational contributions to our own culture that may not be readily apparent. The deep background for our work, especially in the West - the rise of modern technology, the democratic ethos that makes modern capitalism thrive, the idea of inherent human freedom as the basis for economic freedom and the development of markets - is due largely to the cultural changes that Christianity has brought. Historian John Sommerville argues that Western society's most pervasive ideas, such as the idea that forgiveness and service are more important than saving face and revenge, have deeply biblical roots.166 Many have argued, and I would agree, that the very rise of modern science could have occurred only in a society in which the biblical view of a sole, all-powerful, and personal Creator was prevalent. — Timothy Keller

The Black Book of Economic Development - The Clandestine Art and Practical Science of Building Local Economies" is a must-read for everyone in the industry who is seeking to make a positive impact on both his or her communities and the profession. — Don A. Holbrook

I believe economic growth should translate into the happiness and progress of all. Along with it, there should be development of art and culture, literature and education, science and technology. We have to see how to harness the many resources of India for achieving common good and for inclusive growth. — Pratibha Patil

This investment will provide capital to help high-potential start-up companies transition from product development to market entry, while also providing skills training to help them position themselves to be more attractive to investors and commercial partners. We are pleased to support the entrepreneurial community in southern Ontario and contribute to economic growth and job creation. — Gary Goodyear

Indeed, in Central Europe, communism claimed to be the cure for the economic inequalities and other cruelties wrought by bourgeois industrial development, a radical liberal populism of a sort, while in the former Byzantine-Ottoman empire, where there had never been such modern development, communism was simply a destructive force, a second Mongol invasion. — Robert D. Kaplan

The cost of infrastructure development to host a mega-event can be offset against economic growth over future decades. — Richard Attias

At every stage of history our concern must be to dismantle those forms of authority and oppression that survive from an era when they might have been justified in terms of the need for security or survival or economic development, but that now contribute to - rather than alleviate - material and cultural deficit. If — Noam Chomsky

If this country is really to go forward along the path of social and economic justice, there must be a new party of nationwide and non-sectional principles, a party where the titular national chiefs and the real state leaders shall be in genuine accord, a party in whose counsels the people shall be supreme, a party that shall represent in the nation and the several states alike the same cause, the cause of human rights and of governmental efficiency. At present both the old parties are controlled by professional politicians in the interests of the privileged classes, and apparently each has set up as its ideal of business and political development a government by financial despotism tempered by make-believe political assassination. Democrat and Republican alike, they represent government of the needy many by professional politicians in the interests of the rich few. This is class government, and class government of a peculiarly unwholesome kind. — Theodore Roosevelt

Accordingly, it is our task to ensure that the Government formulates policies that foster the continued development of the IT sector while also providing for citizens' access to technology and opportunity for economic advancement. — Tim Holden

My definition of economic development is economic growth. — Mark Noble

Economic growth without investment in human development is unsustainable - and unethical — Amartya Sen

As to the efficacy of the policy recommended by Rostow, it speaks for itself: no country, once underdeveloped, ever managed to develop By Rostow's stages. Is that why Rostow is now trying to help the people of Vietnam, the Congo, the Dominican Republic, and other underdeveloped countries to overcome the empirical, theoretical, and policy shortcomings of his manifestly non-communist intellectual aid to economic development and cultural change by bombs, napalm, chemical and biological weapons, and military occupation? — Andre Gunder Frank

China attaches great importance to the utilization of renewable resources, making it one of the important moves to promote economic and social development — Hu Jintao

What is missing in our economic system is a central value that can encompass everything that can be transacted and used to assign the proper relative value to everything. — Ilchi Lee

Free trade has been proven, time and again, as a reliable path to economic development. It pushes the public and private sectors alike toward greater accountability and transparency. It lifts people out of poverty, and while it can force unsettling changes on a society, those changes prove to be worthwhile in a very short time. — Jonah Goldberg

The rich do not have to invest enough in the poorest countries to make them rich; they need to invest enough so that these countries can get their foot on the economic ladder ... Economic development works. It can be successful. It tends to build on itself. But it must get started. — Jeffrey Sachs

World class communities come in all shapes and sizes, they are not determined by geography, and/or natural resources so much as by the mindset of their local leadership. — Don A. Holbrook

We need a top-to-bottom review of every economic development and assistance program we have to ensure that they encourage everyone to strive instead of settle, because there is dignity in all work. — Carly Fiorina

It is very important to have a correct socio-economic development forecast and plan, in which inflation being a vital investment factor should be the key indicator — Tatyana Golikova

Translated into ordinary human language this means that the development of capitalism has arrived at a stage when, although commodity production still "reigns" and continues to be regarded as the basis of economic life, it has in reality been undermined and the bulk of the profits go to the "geniuses" of financial manipulation. — Vladimir Ilyich Lenin

China is a developing country with a huge population, and also a developing country in a crucial stage of reform. In this context, China still faces many challenges in economic and social development. And a lot still needs to be done in China, in terms of human rights. — Hu Jintao

In its broadest ecological context, economic development is the development of more intensive ways of exploiting the natural environment. — Richard G. Wilkinson

Americans could achieve Jefferson's democratic freedoms through Hamilton's economic development strategies and trade policies. — Patrick Mendis

China's building binge is the most striking example of what Prime Minister Wen Jiabao famously, but impotently, denounced in 2007 as the country's "unbalanced, unstable, uncoordinated and unsustainable" model of economic development. — Rosemary Righter

Let's think about how we can bring economic development, let's see if people could learn a little more of the rule of law, rather than the rule of man, which is kind of what you see in China. — John Kasich

The United States is going to be a rich country, it is going to be prosperous, but it is not going to be able to take the lead in the next phase of global economic development. — Fareed Zakaria

In any case I hold that there must arise a science of the development of economic forms and relations. — William Stanley Jevons

Along with the GI Bill, which educated and housed Eisenhower's fellow veterans, the Interstate System has proved to be by far the most important economic-development strategy of the federal government. — David S. Broder

Neither the military might nor the economic and technological development makes a nation great. It is made great by it's citizens with Self Respect and Integrity ingrained in their lives. — Pandurang Shastri Athavale

If an AI possessed any one of these skills - social abilities, technological development, economic ability - at a superhuman level, it is quite likely that it would quickly come to dominate our world in one way or another. And as we've seen, if it ever developed these abilities to the human level, then it would likely soon develop them to a superhuman level. So we can assume that if even one of these skills gets programmed into a computer, then our world will come to be dominated by AIs or AI-empowered humans. — Stuart Armstrong

Some might complain that nuclear disarmament is little more than a dream. But that ignores the very tangible benefits disarmament would bring for all humankind. Its success would strengthen international peace and security. It would free up vast and much-needed resources for social and economic development. It would advance the rule of law. — Ban Ki-moon

We are one human race, and there must be understanding among all men. For those who look at the problems of today, my big hope is that they understand. That they understand that the population is quite big enough, that they must be informed that they must have economic development, that they must have social development, and must be integrated into all parts of the world. — Sebastiao Salgado

And one of the worst effects was that by suppressing critical thought, it also suppressed critical thought in the field of economics and hampered the development of economics - and the country would fall back further and further in the economic competition with the West. — Stefan Heym

It is impossible to understand the economic system in which we are living if we try to interpret it as a rational scheme.It has to be understood as an awkward phase in a continuing process of historical development. — Edwin Arlington Robinson

There are over 200 million illiterate women in India. This low literacy negatively impacts not just their lives but also their families' and the country's economic development. A girl's lack of education also has a negative impact on the health and well-being of her children. — Sachin Tendulkar

Guns neither initiated nor enabled larger changes. Economic, political, and social development preceded and laid the foundation for the invention and use of the gun, not the other way around. — Peter A. Lorge

Respect for women is essential," Jack tells him. "Women's rights and economic development within a country are highly correlated. Treating women properly is not just a moral position - which it is - or an American value - which it is. It's a strategic imperative, and you will always, always lead by example in this regard. — Gregg Hurwitz

Nature is not a drag on growth. Its protection is an unavoidable prerequisite for sustaining economic development — Tony Juniper

I don't like the fact that we're not creating jobs the way we used to create jobs in Pennsylvania. I lament the fact that we're not setting the table for really robust economic development, here in Pennsylvania, where we can do that. I lament the fact that our schools are being hollowed out. We need a fresh start. I think we need to go in a different direction. I think we need a new governor. — Tom Wolf

Intellectual freedom is the only guarantee of a scientific - democratic approach to politics, economic development, and culture. — Andrei Sakharov

I should like very much to go to America. I have heard so much of the great industrial and economic development of that great land, and I wish to see things for myself. — Chiang Kai-shek

I definitely want to focus on economic development, because that is what is needed in the community, as well as education. — Jose Peralta

The US is often the first to call for transparency and integrity in the reporting of other governments. It has never provided transparency or integrity in its reporting on the war in Iraq. It has downplayed the growth of the insurgency and other civil conflicts. It exaggerated progress in the development of Iraqi forces, and has reported meaningless macroecomic figures claiming 'progress' in the face of steadily deteriorating economic conditions for most Iraqis outside the Kurdish security zone, and does so in the face of almost incredible incompetence by USAID and the Corps of Engineers. — Anthony H. Cordesman

No one is an island. All these entities that drive economic development are interconnected in one sense or another. — Romesh Wadhwani

to investigate the faltering and uneven spread of globalising capital in one small corner of the world, attempting to appreciate the meanings this has for everyday lives, whether via neoliberal techniques of control and governance, shifts in the relative access of different groups to resources, or complex and localised power plays. The wider context: of national contestations over natural resources, the shape of economic development and the relationship between Bangladesh and foreign interests is ever present. — Katy Gardner

I think that the 21st-century economy is an economy of people, not of factories. The intellectual aspect in the global economic development has grown immensely. That's why we plan to concentrate on creating additional opportunities for our people to realise their potential. — Vladimir Putin

Marxists have some way of analyzing the development of affairs which enables them to judge far in advance of scientific thinkers what the trend of social and economic development is to be. — John Desmond Bernal

In general, the deployment of austerity as economic policy has been as effective in bringing us peace, prosperity, and crucially, a sustained reduction of debt, as the Mongol Golden Horde was in furthering the development of Olympic dressage. — Mark Blyth