Shai Agassi Quotes

It was good to launch the economy in the '50s. Japan did this; China did this; even South Korea did this. All the East Asians did this - import substitution. I think all countries followed import substitution in the '50s and in the '60s, but I think by the '70s, countries were getting out of that first phase of the strategy.

The major economies are not American anymore. They are Asian and South American.

Japan rose from the ashes of World War II as a 'trading state,' the model for export-led growth. It is not clear that the old export model of growth will be sustainable in a more 'balanced' global economy that does not rely so heavily on the U.S. consumer.

A modern economy is marked by the feasibility of endogenous change: Modernization brings myriad arrangements from expanded property rights to company law and financial institutions.

… of the world’s nearly 200 economies, only 35 have reached developed status and stayed there. The rest are still emerging, and many have been emerging forever.

China became an economic power with few equals. By 2010 China gad overtaken Japan as the world’s second largest economy in terms of GDP, China’s transformation consistently drew one ideas beyond it shores.

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.

There is a direct connection that cannot be severed between the diplomatic process and growth and prosperity.

China's growth and stability is a vital issue for all nations.

In pursuing economic growth, India and the United States share similar values and similar challenges. We understand that the global economy is here to stay. To keep growing and leading the world in innovation and opportunity, the United States and India must trade freely, openly, and according to the principles of the global marketplace.

This globalization is lifting up hundreds of millions of people out of poverty. The Left needs to see that.

As a Saudi journalist starting my career right after the oil boom of the 1970s, I witnessed the phenomenal growth and expansion of Saudi businesses and the pivotal role the leaders of these firms played in building the modern Saudi economy.

Most of the countries in the world are outside the E.U., and they are doing very nicely, thank you.

Labor, no matter how inexpensive, will become a less important asset for growth and employment expansion, with labor-intensive, process-oriented manufacturing becoming a less effective way for early-stage developing countries to enter the global economy.

We have built cities, developed industry and cultivated agriculture - we have transformed the State of Israel into an example and symbol for many other countries in the world.

America's role in the global economy inevitably was going to diminish; we're smaller relative to - as China, India, other emerging markets grow.

Globalization has made copper and other minerals more valuable, and Ghana and Kenya have recently discovered mineral resources.

Relative to other economies in the world, India has a good feel to it.

China is certainly an important player in the global economy, and a widespread AIDS epidemic would threaten that growth.

In emerging markets, slow growth in the advanced economies has shut down a traditional development path: export-led growth. As a result, emerging markets have had to rely once again on domestic demand. This is always a difficult task, given the temptation to over-stimulate.

America wins when we trade and export and import.

India can make rapid economic progress to become a developed country only through a globally competitive economy, which requires assured access to the markets and technological innovations of the United States and some of its allies such as Israel and Japan.

As we work to promote greater economic opportunity for the American people, we must always remember that the American economy is deeply integrated with the global economy. That brings challenges but even greater opportunities.

China, with its large emerging middle class, is among the big beneficiaries of globalization.

Trade accords had been a staple of the post-World War II world, providing a mechanism for economic growth, development, and association with friends and allies, and a means of reining in would-be adversaries who otherwise would have little incentive to act with restraint.