Lucio Tan Quotes

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.

Let's take Southeast Asia. The last 20, 30 years has been what's called the "Asian Miracle" - fast economic growth, industrial society. It's happening all over, with one exception, which one? The Philippines is the one that can't grow, which the US has been running for 100 years. Is there a correlation? Have you read about it? It comes to mind, at least.

Western Europe GDP per capita - not taking into account the new accession counties - was lower in 2001 relative to that of the US than any time since the 1960's.

There's no question that California, in the last three or four years, has been privileged to add disproportionately to the economic growth of America, and to contribute to its technological productivity.

China is a much richer country than any part of Europe.

… 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.

American and world history show that if you want minimal government, you can have it—but only if you want almost everyone in your society also to be a dirt-poor, subsistence farmer. If you want a prosperous, growing modern economy, you need high specialization and a huge, complex, interdependent network of individuals, businesses, research centers and education. And only government has the authority or money to regulate that network and to regularly pump in the targeted funds needed to sustain and grow it.

Metro Atlanta has virtually unlimited economic potential.

Well, the questioner came from Singapore, which has perhaps the best economic record in the history of developing an economy. And therefore he referred to 15 percent per annum as modest. It's not modest, it's arrogant.

You can see signs of a roaring economy. You can sense economic growth. You know it's happening. You're part of it. It is affecting you. Seventy-five percent of Americans think the government is corrupt.

From the early 1960s to the mid-1980s - the era of military dictatorship when South Korea was rebuilding itself from a postwar economic basket case to a humming, modern nation - military schools were the track of choice for ambitious young men.

Throughout Philippine history, it's the immigrants who built fortunes and, in the process, helped build Philippine economy.

We must ensure our system of higher education offers world-class quality for a world-class economy.

The Indian economy grew at 5.5 percent, but if you look at the last 30 years - for example, 1960 to 1985 - the progress made by East Asian countries was phenomenal. In a single generation they had been able to transform the character of their economy. They were able to get rid of chronic poverty.

We have seen... that, although England is by far the richest nation of Europe, we have already outstripped her in the race after wealth, and we have only begun the development of our vast resources.

Progressive policies implemented since the early 1900s launched America into the modern age and created a vibrant middle class.

The commerce of the United States is essential, if not to their existence, at least to their comfort, their growth, prosperity, and happiness. The genius, character, and habits of the people are highly commercial. Their cities have been formed and exist upon commerce. Our agriculture, fisheries, arts, and manufactures are connected with and depend upon it. In short, commerce has made this country what it is, and it can not be destroyed or neglected without involving the people in poverty and distress.

The states where the number of new immigrants were highest tended to benefit from the decades economic upswing.

The War of 1812 has given new direction to wealth and industry in the United States, and manufacturers grew up as if by magic.

Our future progress and prosperity depend upon our ability to equal, if not surpass, other nations in the enlargement and advance of science, industry and commerce.

The state does not possess trade or industry. Its wealth is the wealth of the people and the people’s wealth is not possible without the spread of these sciences amongst them so that they may know the ways for acquiring wealth.

You can’t beat this prosperity thing.

There is, in my judgment, a great future before American manufacturing, commerce and trade, which will absorb millions of additional workers. When these workers are employed at good wages, as at present, they will buy farm products in a liberal way. The proportion of the American people engaged in industrial life doubtless will continue to increase, just as it has been doing.

In transforming a backward agricultural China into an advanced industrialized country, we are confronted with arduous tasks and our experience is far from adequate. So we must be good at learning.

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.