Quotes on Economic Development

The world cannot live at peace without the United Nations. For this reason: it creates a reasonable guarantee that all this change in the world, these tremendous political and economic developments, can be channelized, kept orderly. The United Nations is a mold that keeps the hot metal from spilling over.

We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism. It will provide business and public policy with a powerful new tool for economic development, profitability, and the promotion of the public good.

What Asia's postwar economic miracle demonstrates is that_x000D_ capitalism is a path toward economic development that is potentially_x000D_ available to all countries. No underdeveloped country in the_x000D_ Third World is disadvantaged simply because it began the growth_x000D_ process later than Europe, nor are the established industrial powers_x000D_ capable of blocking the development of a latecomer, provided_x000D_ that country plays by the rules of economic liberalism.

The raw fact is that every successful example of economic development this past century ... has taken place via globalization.

There is a close connection between socio-political development, the struggle between social classes and the history of ideologies. In general, intellectual movements closely reflect the trends of economic developments. In communal society, where there are virtually no class divisions, man's productive activities on outlook and culture is less discernible. Account must be taken of the psychology of conflicting classes.

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.

People are the common denominator of progress. So no improvement is possible with unimproved people, and advance is certain when people are liberated and educated. It would be wrong to dismiss the importance of roads, railroads, power plants, mills,and the other familiar furniture of economic development. But we are coming to realize that there is a certain sterility in economic monuments that stand alone in a sea of illiteracy. Conquest of illiteracy comes first.

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

You’re talking about Rwanda or Bangladesh, or Cambodia, or the Philippines. They’ve got democracy, according to Freedom House. But have you got a civilised life to lead? People want economic development first and foremost. The leaders may talk something else. You take a poll of any people. What is it they want? The right to write an editorial as you like? They want homes, medicine, jobs, schools.

You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.

Here we were talking about economic development, about investing billions of dollars in various programs, and I could see it wasn't billions of dollars people needed right away.

If we learn anything from the history of economic development, it is that culture makes all the difference.

In a perfect world what poor countries at the lowest rungs of economic development need is not a multi-party democracy, but in fact a decisive benevolent dictator to push through the reforms required to get the economy moving

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.

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.

Economic development is something much wider and deeper than economics, let alone econometrics. Its roots lie outside the economic sphere, in education, organisation, discipline and, beyond that, in political independence and a national consciousness of self-reliance.