Zhang Xin Quotes

The reform of state industry, and most directly related to that, the banking sector, is enormously daunting.

It is a set of policies formulated between 15th and 19th streets by the U.S. Treasury, and World Bank. Countries should focus on stabilization, liberalization, privatization.

But I don't want massive layoffs of anyone - public or private. We are planning on shrinking government through attrition and reform, not through random pink slips.

The challenge as we saw in the Nigerian project was to restructure the economy decisively in the direction of a modern free market as an appropriate environment for cultivation of freedom and democracy and the natural emergence of a new social order.

It is really quite amazing that all of the folks supporting privatization, from the president on down, keep invoking the name of my grandfather, Franklin Delano Roosevelt.

During the 1990s the United States sought to impose the 'Washington Consensus' on Latin American governments. It embodied what Latin Americans call 'neo-liberal' principles: budget cuts, privatization, deregulation of business, and incentives for foreign companies. This campaign sparked bitter resistance and ultimately collapsed.

If I just produce the transparent ideal accepted by the Western experts, a process of privatization which will be very good but never happen, that means nothing.

We will downsize the government, motivate excess employees to become entrepreneurs, and increase the pay of a lean and mean bureaucracy.

I think this notion that public enterprises do not work and therefore nationalization will be a disaster, I mean, it's not supported by evidence.

When Roosevelt came along, I approved of his program, generally. I figured an economic system should work for people, not vice versa.

The government is determined to bring the program back on track, and proceed with the privatizations.

First, we will focus on the privatization of small and medium sized enterprises, followed by the medium size industry and then we will move on to the heavy industry.

We are a mixed economy. We will remain a mixed economy. The public and private sector will continue to play a very important role. The private sector in our country has very ample scope and I am confident that India's entrepreneurs have the capacity, and the will to rise to the occasion.

The people in Poland had to deal with painful reforms.

When you stop and look at so much of the kind of activism that has been triggered, the Tea Party and the like, as a result of Obama's efforts - TARP, the stimulus package, and now the health care reform - there is a lot of sense this government is changing.

The idea of privatization is nutty .... What do you think has been the predominant system here for the past century. How do they think we got into this mess to begin with. There is nothing more inefficient and corrupt in Honduras than private enterprise.

The line between what government does and what a company does is getting blurred.

We want a market economy without any adjectives. Any compromises with that will only fuzzy up the problems we have.

I would like to see the word 'nationalization' banned from the socialist vocabulary.

Democracy and economic reform go together.

Where and when have riots and anarchy been provoked by wise measures? If the government had acted wisely, and if their measures had met the needs of the poor peasants, would there have been unrest among the peasant masses?

Netherlands, Netherlands, you stand on the brink of your own destruction. Your ruin is inevitable unless reforms which must be as swift as they are necessary can avert the fatal blow.

In every developing country, even developed ones, vested interests prevent sectors from being reformed.

China's economic transformation began with the introduction in the 1980s of market incentives in the agricultural sector. These reforms were followed by a gradual opening to the global economy, a process that accelerated in the early 1990s.

Nationalizing businesses, nationalizing banks, is not a solution for the democratic party, it's the objective.