Joseph Stiglitz Quotes

I have to try and uplift the standard of living for the people in Zambia. If I cannot do that, I will have failed.

The great hinderance to the development of this continent has lain in the lack of capital.

One of the biggest challenges facing the globe is the gap that exists in the wealth and standards of living enjoyed by the world's nations.

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.

What is lacking to the underdeveloped nations is not knowledge, but capital.

I like globalization; I want to say it works, but it is hard to say that when six hundred million people are slipping backwards.

Brazil must increase the value of its human capital by investing in knowledge and technology.

Opulent, civilized, and industrious nations, are greater consumers than poor ones, because they are infinitely greater producers.

If Russia is to be a great power, it will be, not because of its nuclear potential, faith in God or its president, or Western investment, but thanks to the labor of the nation, faith in knowledge and science and the maintenance and development of scientific potential and education.

Developing nations want to become developed nations.

While a handful of countries and a small number of people are leading ample life, dozens of countries and billions of people in Africa, Asia and Latin America are being left in absolute poverty.

We all know that China is industrializing at a growth rate of 8 to 10 percent per year. China is on track to pass the U.S. as the largest economy in the world in 20 to 25 years, and China is determined to give its people a chance at this high standard of living that we enjoy.

Education, particularly higher education, will take Africa into the mainstream of globalization.

Certainly I'll never be able to put myself in the situation that people growing up in the less developed countries are in. I've gotten a bit of a sense of it by being out there and meeting people and talking with them.

My own experience in the third world was that even if people started to make more money, the cost of living and housing increased often faster than the wages.

There's a direct link between percentage of young people that are educated and how we live our lives.

When ministers in this government talk about investing in education and skills, about making the planning system work; about employment law reform and delivering transport and power generation and broadband communication infrastructure, we are talking about raising Britain's productivity.

Historic changes and challenges. Breakthroughs in human knowledge and opportunity. And yet, for vast numbers across the globe, the daily realities have not altered.

The way forward for Africa is investment.

The 1 to 2 billion poorest in the world, who don't have food for the day, suffer from the worst disease: globalization deficiency. The way globalization is occurring could be much better, but the worst thing is not being part of it. For those people, we need to support good civil societies and governments.

I don't consider the first-world concerns any less important than the third-world ones.

Egypt has great potential because of the latent power of its human capital.

A successful society is characterized by a rising living standard for its population, increasing investment in factories and basic infrastructure, and the generation of additional surplus, which is invested in generating new discoveries in science and technology.

If you want to help Africa, you should help them out of poverty, not try to build solar cells and windmills.

A dynamic economy begins with a good education.