Erskine Bowles Quotes

Ukrainian business must really embrace global competition. We need to understand that competition for resources and clients is not with competitors from across the street or from another city, but with millions of businesses around the world.

In the economic competition, in the technological competition, we are competitors; we are not allies.

Our competitors outside Europe are manufacturing goods cheaper and better. Through innovation, other countries are producing new products which we do not make yet, but which we could.

The challenge to our national economies and the collective economy of Europe will become - with the growth of China and the continuing productivity growth of the US - even more intense in the decades to come.

U.K. companies are in very international and very competitive markets. If you look at PC penetration in the U.K., it is very similar to the United States market.

Chinese... companies do not have to think about whether they do something to enhance their competitive edge in international markets.

Our competition for American business is no longer in the next county or the next state, it's around the world.

It's the nation that's at risk, not just Oklahoma or Pennsylvania. It's the whole country that's competing with Korea, Germany and Japan.

I'm not happy exporting jobs but we must move ahead in technology and patents. I don't like losing any jobs but we'll see new opportunities created selling products there. We'll have a net increase in economic activity, just as we did with free trade. It's tempting to want to protect our markets and stay closed. But at some point it all comes crashing down and you're hopelessly left behind. Then you are Russia.

I am confident,, it will prove a mighty business considering that, in all probability, we shall be able to under-sell the linen cloths of Holland and France at least twenty in the hundred.

At the end of the day, we have to find a way to compete better with the world.

Filipino businessmen must have the ability to compete freely in the global economy.

I think the rise of China is inevitable, because China has moved from a low-cost producer, at low levels of technology, to higher levels of technology, and because it's very competitive, even in some high-tech products they offer at very competitive rates - much lower than their competitors.

You tell me which society is going to be the winner in this 21st Century: One that worries about how we feel or the one that worries about making sure that the next generation has the capacity to eat everybody's lunch.

There are now hundreds of thousands of new engineers that are being trained in China. If people start finding themselves losing their jobs, not to the Chinese here but because China has become such a dominant force - then there could very well be a backlash.

Learning from the American experience, governments around the world have developed national innovation policies and programs to accelerate their economic prosperity and to help their citizens and companies compete globally.

You can't be a first-world economy in the 21st century if you haven't laid the groundwork to seize the opportunities.

Unless we rise to the challenge, instead of American youth being able to live the American dream, the Chinese will fulfill their dream of overtaking America.

But let no one be under any doubt that the scale of the challenge that Europe faces in this emerging global economy is immense and the practical pace of our collective action to meet these challenge to date has just been too slow.

It is U.S. workers who lose out when employers cannot get the high-tech graduates they need to compete with foreign companies in the 21st century economy.

You know, in China, they say, come on over, we'll build the plant for you. Of course, then they steal your patents, but the reality is that they are aggressively trying to take our jobs. Every other country is. They know that to have a middle class, you have to make things.

The world has become rapidly more competitive.

If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.

The shining star in the world is Shanghai. That's what CEOs from big companies say - 'if I want mathematical analytical work done, it's done in China.'

In the space of a decade, China and India have emerged as dramatic, dynamic competitors.