Developing Economies Quotes

The First World became a popular phrase in about the 1970s and '80s. The World Bank then began categorizing countries in different categories, advanced to the least developed.

When more women join the labor force and, particularly, become entrepreneurs, GDP rises dramatically in those countries - in both developed and developing economies.

On many key global economic issues, Russia's loyalty is divided between the West and the South. As an energy exporter, it stands opposite energy importing China and India. As a commodity trader resisting the influx of cheap Chinese manufactures, its interests in the WTO clash with those of many of the developing economies.

There is no doubt that as an economy grows in a great way like India has, that you have to step back and change your tax systems, because you start to get more disparities of wealth.

… 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.

Reliable numbers about the amount of dirty money around the world are difficult to come by. But according to an estimate by the nonprofit Global Financial Integrity group, $1 trillion vanishes from the developing world's economies every year.

Africa is not for the weak-hearted: infrastructure issues are there. The middle class is absent in most of the countries. We have to cater to the low end of the market to grow.

The fast growing markets - the BRICS and Next Eleven - are the key. The next billion consumers are not going to come from the US or Western Europe - they are coming from Asia, Latin America and Africa. Formula One follows our strategy: fast growing markets, data, and digital. All those three things Formula One has. And it involves a stunning array of companies. Now that doesn't mean there can't be more.

I believe Android will be stronger in the developing world than it is in the developed world.

BRICS meetings are keenly watched world over, and our decisions have profound impact globally.

However, the Government has made it clear that we do not encourage the recruitment of teachers from developing nations where there may be an adverse effect on the economy.

There are hundreds of millions of people around the globe who could safely repay loans but nonetheless do not have access to a line of credit. Financial institutions in developing economies are broken and inefficient, and hard-working people have not been given the chance to establish a credit history.

Take the creation of the Pacific partnership or the creation of the Atlantic partnership. We are somewhat concerned because this is being done bypassing the World Trade Organisation, since it has proved impossible to reach compromise solutions with developing economies within the framework of that organisation. Is that good? Not really, in my opinion.

Emerging market and developing economies have benefited from monetary easing in major economies but have also faced volatile risk sentiment tied to trade tensions.

Business cycles in emerging markets behave differently from developed markets.

Whatever the scenario, the dynamism of developing nations, their demographics and competitive power are great sources for superiority.

Emerging markets are hugely important.

In middle-income countries, inequality becomes a problem because you can see there is a layer of people who are doing well, while the poor are still stuck there. We have 300 million poor in India.

Developing economies may not have much control over the headwinds that they face today, but that does not mean that they are powerless. Much can be done not just to sustain moderate growth but also to secure a more prosperous and resilient future.

Too much of British business and industry feels similarly secure in the warm embrace of the European single market and is failing to recognise that today's great export opportunities lie in the developing world, particularly in Asia.

People need to go back and remember what it was once like to lead businesses in emerging markets.

In India there are more poor people in three states... than there are in the whole of sub-Saharan Africa.

Everybody is in trouble, including the up-and-coming economic miracles of China, Brazil or India.

When developing countries go to the WTO and register their protest over things, they should be heard. Their views should be considered by the rich countries.