Economy And Development Quotes & Sayings

The United States should pursue a more robust agenda for U.S. competitiveness and innovation focused on a lower-carbon economy, including investments in education, basic research and development, infrastructure, retraining, retirement security, and universal health care. — Mona Sutphen

The situation - having to choose between imposing higher retail prices and reducing investments and military spending - created a dilemma for the government: deciding between conflict with the public or with the Party economic elite. But not making a decision heightened the risk that, as the crisis developed, there would be conflict with both the public and the elite.18 The new generation of leaders clearly did not understand this. The traditional management of the economy was oriented on natural, rather than abstract, parameters. The development of cattle breeding was discussed at the highest level more frequently than the country's budget. Industry and business leaders regarded finances as necessary but dreary bookkeeping.19 In addition, information on the real state of the budget, hard currency reserves, foreign debt, and balance of payments was available only to an extremely narrow circle of people, many of whom understood nothing about it anyway. — Yegor Gaidar

Unless there is free and fair competition, there can't be healthy economic development. And what we have in Burma now is not an open-market economy that allows free and fair competition, but a form of colonialism makes a few people very, very wealthy. It's what you would crony capitalism. — Aung San Suu Kyi

Our proper mode in situations where demand was high and supply low was to elbow, jostle, crowd, and hustle, and, if all that failed, to bribe, flatter, exaggerate, and lie. I was uncertain whether these traits were genetic, deeply cultural, or simply a rapid evolutionary development. We had been forced to adapt to ten years of living in a bubble economy pumped up purely by American imports; three decades of on-again, off-again war, including the sawing in half of the country in '54 by foreign magicians and the brief Japanese interregnum of World War II; and the previous century of avuncular French molestation. — Viet Thanh Nguyen

We want to allow Costa Ricans to make a qualitative leap in our development and go to an economy based on innovation and developing a broadband infrastructure in order to overcome the barrier of 15 per cent penetration. — Laura Chinchilla

So imagine that fans of our products or services no longer simply consume and use them. Now we are creating a new opportunity for them to both participate directly in the development of the products but also benefit from a share of the profits too. — Miguel Reynolds Brandao

It rests on the attempt since the 1970s to translate a pathological degeneration of the principle of laissez-faire into economic reality by the systematic retreat of states from any regulation or control of the activities of profit-making enterprise. This attempt to hand over human society to the (allegedly) self-controlling and wealth- or even welfare-maximising market, populated (allegedly) by actors in rational pursuit of their interests, had no precedent in any earlier phase of capitalist development in any developed economy, not even the USA. It was a reductio ad absurdum of what its ideologists read into Adam Smith, as the correspondingly extremist 100% state-planned command economy of the USSR was of what the Bolsheviks read into Marx. — Eric Hobsbawm

Nothing is more useless in developing a nation's economy than a gun, and nothing blocks the road to social development more than the financial burden of war. War is the arch enemy of national progress and the modern scourge of civilized men. — King Hussein I

True security is based on people's welfare - on a thriving economy, on strong public health and education programmes, and on fundamental respect for our common humanity. Development, peace, disarmament, reconciliation and justice are not separate from security; they help to underpin it. — Ban Ki-moon

Probably no single event highlights the strength of Campbell's argument (on peak oil) better than the rapid development of the Alberta tar sands. Bitumen, the world's ugliest and most expensive hydrocarbon, can never be a reasonable substitute for light oil due to its extreme capital, energy, and carbon intensity. Bitumen looks, smells, and behaves like asphalt; running an economy on it is akin to digging up our existing road infrastructure, melting it down, and enriching the goop with hydrogen until it becomes a sulfur-rich but marketable oil. — Andrew Nikiforuk

The conventional public opposition of 'liberal' and 'conservative' is, here as elsewhere, perfectly useless. The 'conservatives' promote the family as a sort of public icon, but they will not promote the economic integrity of the household or the community, which are the mainstays of family life. Under the sponsorship of 'conservative' presidencies, the economy of the modern household, which once required the father to work away from home - a development that was bad enough - now requires the mother to work away from home, as well. And this development has the wholehearted endorsement of 'liberals,' who see the mother thus forced to spend her days away from her home and children as 'liberated' - though nobody has yet seen the fathers thus forced away as 'liberated.' Some feminists are thus in the curious position of opposing the mistreatment of women and yet advocating their participation in an economy in which everything is mistreated. — Wendell Berry

The availability of cheap effective lighting alone, following Thomas Edison's invention of the incandescent bulb in 1879, greatly extended the range of waking human consciousness, effectively adding more hours onto the day - for work, for entertainment, for study, for discovery, for consumption. Subsequently, one development led to another, and to yet another, fueled by a corporate economy in developed nations, and then later by the arms race, and then the space race, as human ambition literally outgrew the planet. It seemed that there was no limit on what humanity could achieve. But there was a flaw at the heart of that expansive optimism - namely, that humanity cannot exist as a thing apart from nature; it has no destiny but annihilation apart from the land that gave it birth. — Clark Strand

We mustn't fear to adopt the advanced management methods applied in capitalist countries ( ... ) The very essence of socialism is the liberation and development of the productive systems ( ... ) Socialism and market economy are not incompatible ( ... ) We should be concerned about right-wing deviations, but most of all, we must be concerned about left-wing deviations. — Deng Xiaoping

I remain as committed as ever to working across party lines with anyone who believes we must invest in the future of our economy by revitalizing our transportation infrastructure, ensuring every child is getting a world class education, and spurring research and development of new technologies. — Jim Himes

Fortunately for India, it has got a growing economy. If it is doing the right things with taxation and focusing on the right areas for human development, it is going to have no problem, over a period of time, taking care of its own needs. — Bill Gates

Without the parallel development of systems of monetary - and credit-based exchange there could have been no development of economies beyond the most primitive organizational forms and the most geographically restricted sales. — Peter Dicken

The relevance of Marxism to science is that it removes it from its imagined position of complete detachment and shows it as a part, but a critically important part, of economy and social development. — John Desmond Bernal

Rwanda really did take very strong steps towards development. I mean, this place is unrecognizable. There's a very good management of economy and resources - it's a success story, and that's great. — Mo Ibrahim

Anarchism, to me, means not only the denial of authority, not only a new economy, but a revision of the principles of morality. It means the development of the individual as well as the assertion of the individual. It means self-responsibility, and not leader worship. — Voltairine De Cleyre

Sent him to the Harvard Business School to study the minds of the movers and shakers who were screwing up our economy for their own immediate benefit, taking money earmarked for research and development and new machinery and so on, and putting it into monumental retirement plans and year-end bonuses for themselves. — Kurt Vonnegut

In the economy we guarantee all market players the same conditions, and the private sector plays an increasingly important role. We are in the process of dissolving thousands of state-owned companies and converting them into stock corporations. We even plan to accelerate this development. In contrast, it is the party's responsibility to improve the lives of the people, and this is where our citizens have great confidence in us. Party members who commit crimes are severely punished. — Nguyen Minh Triet

If our starting point is a respect for nature and people, diversity is an inevitable consequence. If technology and the needs of the economy are our starting point, then we have what we are faced with today - a model of development that is dangerously distanced from the needs of particular peoples and places and rigidly imposed from the top down. — Helena Norberg-Hodge

Rusche and Kirchheimer relate the different systems of punishment with the systems of production within which they operate: thus, in a slave economy, punitive mechanisms serve to provide an additional labour force
and to constitute a body of 'civil' slaves in addition to those provided by war or trading; with feudalism, at a time when money and production were still at an early stage of development, we find a sudden increase in corporal punishments
the body being in most cases the only property accessible; the penitentiary (the Hopital General, the Spinhuis or the Rasphuis), forced labour and the prison factory appear with the development of the mercantile economy. But the industrial system requires a free market in labour and, in the nineteenth century, the role of forced labour in the mechanisms of punishment diminishes accordingly and 'corrective' detention takes its place. — Michel Foucault

The programs supported by the International Affairs Budget are as essential to our national security as defense programs. Development and diplomacy protect our nation by addressing the root causes of terrorism and conflict. But it's not just about security. By building new markets overseas for American products, the International Affairs Budget creates jobs and boosts the economy here at home. — Tom Ridge

To have a stable economy, to have a stable democracy, and to have a modern government is not enough. We have to build new pillars of development. Education, science and technology, innovation and entrepreneurship, and more equality. — Sebastian Pinera

Because of rampant inflation, living standards have been dropping for the great majority of the population. The people are poorer because standards of health and education have fallen. And conditions in the rural areas are worse off than they have ever been. So, you cannot equate the so-called open-market economy adopted by the SLORC with any real development that benefits people. — Aung San Suu Kyi

The government must nurture an eco-system where the economy is primed for growth; and growth promotes all-rounddevelopment. Where development is employment-generating ; and employment is enabled by skills. Where skills are synced with production; and production is benchmarked to quality. Where quality meets global standards; and meeting global standards drives prosperity. Most importantly, this prosperity is for the welfare of all. That is my concept ofeconomic good governance and all round development. — Narendra Modi

In our Revolution we believe that we have broken the chain of a consumer economy based on imports, and we are free to decide our destiny . And in order to realize the interests of the Somali people, their achievement of a better life, the full development of their potentialities and the fulfilment of their aspirations, we solemnly declare Somalia to be a Socialist State. — Siad Barre

In a world where millions of human beings live in extreme poverty, die of malnutrition and lack medical care, where pandemics continue to kill, it is imperative to pursue good faith disarmament negotiations and to shift budgets away from weapons production, war-mongering, surveillance of private persons and devote available resources to address global challenges including humanitarian relief, environmental protection, climate change mitigation and adaptation, prevention of pandemics, and the development of a green economy. — Alfred-Maurice De Zayas

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

The idea that a relatively fixed group of privileged people might shape the economy and government for their own benefit goes against the American grain. Nevertheless, the owners and top-level managers in large income-producing properties are far and away the dominant power figures in the United States. Their corporations, banks, and agribusinesses come together as a corporate community that dominates the federal government in Washington. Their real estate, construction, and land development companies form growth coalitions that dominate most local governments. — G. William Domhoff

I intend to discuss some perplexing issues which are raised once we embrace the hypothesis that society can be deschooled; to search for criteria which may help us distinguish institutions which merit development because they support learning in a deschooled milieu; and to clarify those personal goals which would foster the advent of an Age of Leisure ( schole ) as opposed to an economy dominated by service industries. — Ivan Illich

Development means a capacity for self-sustaining growth. It means that an economy must register advances which in turn will promote further progress. The loss of industry and skill in Africa was extremely small, if we measure it from the viewpoint of modern scientific achievements or even by the standards of England in the late eighteenth century. However, it must be borne in mind that to be held back at one stage means that it is impossible to go on to a further stage. When a person is forced to leave school after only two years of primary school education, it is no reflection on him that he is academically and intellectually less developed than someone who had the opportunity to be schooled right through to university level. What Africa experienced in the early centuries of trade was precisely a loss of development opportunity, and this is of greatest importance. Pg. 105 — Walter Rodney

Can this Nigeria, without external support, bake her own bread, sew her own garments, drill her own oil, produce her own cars, fly her own planes, design her own cities and, fight her own wars? What can this Nigeria do? Or does development come through stages and Nigeria, unfortunately, still occupies a learning stage? — Tony Osborg

The New Economy brings the need to tap people's curiosity, quest for knowledge and understanding, in order to develop a sustainable society. — Miguel Reynolds Brandao

The socialism of centralised state control of industry and production, is dead. It misunderstood the nature and development of a modern market economy. It failed to recognise that the state and public sector can become a vested interest capable of oppression as much as the vested interests of wealth and capital. it was based on a false view of class that became too rigid to explain or illuminate the nature of class division today. — Tony Blair

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

My father's vision was to see the Pilbara developed in a way that would benefit his beloved north, and West Australia and he wanted to see Australia become a stronger economy benefiting from the development of our north. His life was spent pursuing that vision. — Gina Rinehart

Who would have predicted a century ago that the richest civilizations in history would be made up of polluted tracts of suburban development dominated by the private automobile, shopping malls, and a throwaway economy? Surely, this is not the ultimate fulfillment of our destiny. — Alan Thein Durning

Through Economic Action Plan 2015, our Government will continue to help create jobs, encourage skills development and balance the budget in 2015. I look forward to hearing Canadians' ideas on what we can do to further support and grow the economy for the benefit of all Canadians. — Kevin Sorenson

China has made important contribution to the world economy in terms of total economic output and trade, and the RMB has played a role in the world economic development. But making the RMB an international currency will be a fairly long process. — Hu Jintao

The development-minded prime minister is looking for foreign capital and technology to boost India's economy. China's stock of direct investment of $400m in India is derisory - less than that of Belgium. Talk fills the Indian press of a 250-fold increase, to $100 billion in just a few years. — Anonymous

Africa's agricultural sector has enormous scope for development, which would benefit both the continent's economy and its people. — Richard Attias

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

The development of objective thinking by the Greeks appears to have required a number of specific cultural factors. First was the assembly, where men first learned to persuade one another by means of rational debate. Second was a maritime economy that prevented isolation and parochialism. Third was the existence of a widespread Greek-speaking world around which travelers and scholars could wander. Fourth was the existence of an independent merchant class that could hire its own teachers. Fifth was the Iliad and the Odyssey, literary masterpieces that are themselves the epitome of liberal rational thinking. Sixth was a literary religion not dominated by priests. And seventh was the persistence of these factors for 1,000 years. — Carl Sagan

We will revive the emergency employment program established by former President Corazon Aquino. This will provide jobs for local communities and will help in the development of their and our economy. — Benigno Aquino III

As a general rule, man strives to avoid labor. Love for work is not at all an inborn characteristic: it is created by economic pressure and social education. One may even say that man is a fairly lazy animal. It is on this quality, in reality, that is founded to a considerable extent all human progress; because if man did not strive to expend his energy economically, did not seek to receive the largest possible quantity of products in return for a small quantity of energy, there would have been no technical development or social culture. — Leon Trotsky

We want to ensure a multilateral development of society, the thriving of all sides of social life, economy, science and culture, the improvement of management, the moulding of the new man and the promotion of socialist ethics and equity. — Nicolae Ceausescu

The kind of precision manufacturing epitomized in the armories, while it was important, was only a small share of the economy until quite late in the century. Large-scale natural resource development and processing was the name of the game. — Charles R. Morris

The Soviet Union represents a threat in terms of might. It is a joke in terms of its economy and what it has to offer the Third World - a laughingstock to countries that are looking for an economic-development model. — Jack Kemp

The surest path to safe streets and peaceful communities is not more police and prisons, but ecologically sounds economic development. And that same path can lift us to a new, green economy - one with the power to lift people out of poverty while respecting and repairing the environment. — Van Jones

Singapore is now in the top five. Its income per person even tops oil-rich and scarcely populated Kuwait. Having realized that the country had no natural resources, the government of founding father Lee Kuan Yew directed massive investment in human capital. Kids who were eight or ten or thirteen several decades ago are now some of the most productive citizens of today's economy.

A tiny nation-state with no natural resources and a large number of people living in a relatively small physical space has managed to outearn a country with some of the largest oil deposits ever found. That is the power of investing in and nurturing young brains.

Education alone may not be enough to guarantee economic success. There are other success factors that matter, like good governance, rule of law, and access to trading routes and partners. But if you were challenged to assemble a prosperous society from scratch, education would be the first building block you'd want to develop. — John Wood

The need for de-development presents our economists with a major challenge. They must design a stable, low-consumption economy in which there is a much more equitable distribution of wealth than in the present one. Redistribution of wealth both within and among nations is absolutely essential if a decent life is to be provided for every human being. — John Holdren

The (nation) state's concern had been the development of citizens - social subjects whose identity was shaped by the goals of the state - and the preparation of a labour force serving the needs of a national economy and administration. That state was interested in cohesion, integration and homogeneity - however imperfectly realized. The globally framed interests of current versions of the market are neither about citizenship - shared social values, aspirations, dispositions - nor about the preparation of a labour force ... — Gunther Kress

Engage the whole community with a common purpose to build an innovative and sustainable enterprise. — Miguel Reynolds Brandao

Accidents have already become an important factor restricting the development of a harmonious economy and society, and have attracted the strong attention of the Chinese government and society — Li Yizhong

If we enjoy the benefits of peace, it is only because we have an excellent armed force and a fine socialist economy. Let us exert all efforts so that our further development may be strong and mighty, so that our numerous enemies may think well and long before they decide to attack our fatherland, and so that if they attack, they will quickly regret it. — Kliment Voroshilov

We are the number one economy in the world, and we ought to continue to pursue those kinds of policies that ensure that we maintain that position, like innovation and like technology and like education and like just research and development and discovery. — Donald Evans

My solutions are to include Africa in the global economy, and not African charity, AIDS research, but African infrastructure development. And I think that Africa can import and needs everything the whole world can manufacture. And they have got enough money to pay for it. It's just that the money is in the ground. — Andrew Young

To ensure continuing prosperity in the global economy, nothing is more important than the development and application of knowledge and skills. — Martin Rees

Thought Leadership
"The new economics for industry, government, education" Book by W. Edwards Deming
"In God we trust. All others must bring data."
William Edwards Deming,
Statistician, Professor and Author
#smitanairjain #leadership #womenintech #thoughtleaders #tedxspeaker #technology #tech #success #strategy #startuplife #startupbusiness #startup #mentor #leaders #itmanagement #itleaders #innovation #informationtechnology #influencers #Influencer #hightech #fintechinfluencer #fintech #entrepreneurship #entrepreneurs #economy #economics #development #businessintelligence #business — W. Edwards Deming

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

Technological innovations had shifted the basis of England's economy from agriculture to industry between 1750 and 1850. The development of steam power and a boom — Charles Dickens

Without God the economy is only economy, nature is nothing more than a deposit of material, the family only a contract, life nothing more than a laboratory product, love only chemistry, and development nothing more than a form of growth. — Giampaolo Crepaldi

Nobody disputes that cheap natural gas would be a good thing for the economy. The question is, is this a sustainable new development that can be counted on for decades to come, or simply a 'bubble' brought on by a land grab and drilling frenzy? — Jeff Goodell

The problem with your company is not the economy, it is not the lack of opportunity, it is not your team. The problem is you. That is the bad news. The good news is, if you're the problem, you're also the solution. You're the one person you can change the easiest. You can decide to grow. Grow your abilities, your character, your education, and your capacity. You can decide who you want to be and get about the business of becoming that person. — Dave Ramsey