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Development Quotes

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Development Quotes

“The raw fact is that every successful example of economic development this past century – every case of a poor nation that worked its way up to a more or less decent, or at least dramatically better, standard of living – has taken place via globalization, that is, by producing for the world market rather than trying for self-sufficiency.”

“When we think of globalization we are thinking in part of structures and institutions that have been developed over time and that have allowed us to become more interdependent and interrelated. But the development, the extraordinary development, of those structures and institutions has not fundamentally transformed our humanity. We are still those animals with fears and anxieties and insecurities in the face of death and dread and disappointment and disease.”

“Lakhs of families in the country are deprived of energy connectivity. Fruits of development will not reach the common man until energy connectivity reaches every last household of the country. In the age of globalization, we have no option but to make a quantum leap in energy production and connectivity.”

“As one looks back, one sees that the fall of the Berlin Wall opened the door to three developments - the Eurozone, which was crafted around German unification, the free movement of peoples within Europe, particularly people from the new democracies of Eastern Europe, and, more broadly, it opened the door to globalization.”