When you save the life of anyone, a farmer, a teacher, a mother, they are contributing productively into the economy.
Interpretation
Saving a life contributes to the overall productivity of society.
This quote emphasizes the significant impact that saving lives has on society and the economy. By highlighting roles such as farmers, teachers, and mothers, Ngozi Okonjo-Iweala underscores that every individual plays a crucial part in the economic fabric, and preserving lives ensures that those contributions continue.
In practice
In a speech about community service, you could reference this quote to emphasize the importance of helping others.
When I became finance minister, they called me Okonjo-Wahala - or 'Trouble Woman.' It means 'I give you hell.' But I don't care what names they call me. I'm a fighter; I'm very focused on what I'm doing, and relentless in what I want to achieve, almost to a fault. If you get in my way, you get kicked.
I'm trying to tell you that there's a new wave on the continent. A new wave of openness and democratization in which, since 2000, more than two-thirds of African countries have had multi-party democratic elections. Not all of them have been perfect, or will be, but the trend is very clear.
The best way to help Africans today is to help them to stand on their own feet. And the best way to do that is by helping create jobs.
Investing in women is smart economics, and investing in girls, catching them upstream, is even smarter economics.
I felt Nigeria didn't have to succumb to the image of being a corrupt country; we didn't have to let the economy stagnate.
I know what it means to go to the stream to fetch water... what it means when people are poor and don't have enough to eat. It's not enough to say you know about poverty. You have to live it.
Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.
Soon we saw that money going to women brought much more benefit to the family than money going to the men. So we changed our policy and gave a high priority to women. As a result, now 96% of our four million borrowers in Grameen Bank are women.
The real tragedy of minimum wage laws is that they are supported by well-meaning groups who want to reduce poverty. But the people who are hurt most by higher minimums are the most poverty stricken.
History proves... that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.
That's the world we live in: when it comes to economics, people have emotions; it's not like chemistry or physics.
In America, people with lots of money can easily avoid the consequences of bad bets and big losses by cashing out at the first sign of trouble.
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