Allan H. Meltzer Quotes

You should be cautious when criticizing the liberalization of economic theory.

Many still believe that conducting political and economic reforms at the same time is not an Asian way. But this is a fairy-tale. We broke that old stereotype by reforming our political, economic and social systems concurrently since 1990.

There is an economic revolution taking place throughout Latin America and we must be a part of it.

India, China, and Latin America have a tremendous stake in the people's century. As their masses learn to read and write, and as they become productive mechanics, their standard of living will double and treble.

If China can succeed in the next few years, it will transform that country, Asia and the world in ways that will serve our long term interests.

Over the last three decades, Mexico has made the transition from a commodity and agricultural-based economy to one dominated by manufacturing and services.

The future or the past - It's very simple: building the future, or a restoration of post-communism.

In the 21st century, we face new and more intense global competition, spanning the ambitious and industrious economies from Latin America to Asia. To meet the challenge, Britain must rediscover and reward the lost virtue of hard work - a tried and tested route to individual success, national prosperity, and a fairer society.

If there are not jobs or adequate forms of social protection, there is not enough income to create the consumption base that drives demand and sustainable economic growth.

My grandfather was the architect behind NAFTA, and that has created so much economic opportunity, not only in our country, but in Latin America.

Through trade reforms, Latin American countries can boost their competitiveness in markets for goods and services.

Growth and progress depend on more economic freedom.

Capitalism - for the record - has lifted more people out of poverty than any other economic system in the world.

The industrial world enjoys a rare combination of growth and low inflation; the 'Washington consensus,' a model of economic development that emphasizes macroeconomic discipline and open markets, is being adopted by more countries.

Social Security is not broke, and Social Security does not need to be privatized.

Argentina is ready to take its place. Its a big country with a lot of talent.

In this country, nobody should be talking about unemployment, as there is so much to be done in India.

People had lost trust in governance. Getting back that trust, instilling a sense of hope and belief that good governance and development would be back on track, is my biggest achievement.

Since the start of the Thatcher economic and fiscal reforms the U.K. economy has expanded five-fold.

I've never said anything about privatizing Social Security.

If a country like Chile can fix its social security system, there is no reason a country as great as the United States... can't fix our Social Security system.

I made an effort to ensure social safeguards. But our economy has to grow - and Chile, with a population of 17 million, cannot depend entirely on its domestic market. Which is why the decision to focus on exports, made at the beginning of the democratic era, was the correct one. We are continuing to do so. For a long time, Chile has been successful in combating poverty. But now we must focus more on fighting inequality.

Commerce is the great civilizer.

We live in a world community, and economic contact has partly contributed to that. It’s also the case that economic opportunity opened up by economic contact has helped to a great extent to reduce poverty in many parts of the world.

The arguments of waste are heavily overdone, because what you do is to accelerate the infrastructure that you have to build anyway, like airports and roads, and in this case it happens much faster. So speaking of a roadmap, without being specific, I would still go for Asia, Latin America, Africa and the Middle East - that's what our clients are really interested in.