Developing Countries Quotes

The economic base of a nation, is the foundation of the it's secrets.

Auliq-Ice

They did not understand that by liberalizing imports, the government was also promoting exports.

Jeffrey D. Sachs

sweatshops are the first rung on the ladder out of extreme poverty

Jeffrey D. Sachs

Knowing that an economy is in decline is not enough. We must know why the economy is failing to achieve economic growth if we are to take steps to establish or reestablish it.

Jeffrey D. Sachs

Even a great philosophical idea when mixed with mysticism, turns into a dangerous weapon that becomes an impediment in the path of progress of developing communities.

Perhaps more surprising, even the rich in developing countries also lag. For example, in Indonesia, the richest quintile has scores around 450--less than the 500 for the poorest quintile in Korea or the same as the poorest quintile in UK. So in poor countries, the richest are still getting a mediocre education, and the poor cannot be said to be getting any education at all.