A Quote by Judy Woodruff
The vast majority of Americans are employed in service sector industries, and many of those sectors are highly internationalized. The most high-value added sectors, notably the tech sector, is massively globalized. And, for them, it would be a disaster if America's trade policy was to go down a spiraling route towards protectionism.
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Many people think that the U.S. is ahead in the frontier technology sectors as a result of private sector entrepreneurship. It's not. The U.S. federal government created all these sectors.
Globalisation means that for a high-wage, developed economy like Britain's to compete we need to focus our efforts on the highly skilled, added-value sectors such as advanced manufacturing, creative industries, engineering and even financial services.
It's only in America where there seems to be this sort of systematic denial of the reality of global warming at the governmental level, and in too many sectors of the high, the private sector. But it looks to me the business community may actually lead us toward a clean energy future almost in spite of government policy.
The very notion that millions of workers displaced by the re-engineering and automation of the agricultural, manufacturing, and service sectors can be retrained to be scientists, engineers, technicians, executives, consultants, teachers, lawyers and the like, and then somehow find the appropriate number of job openings in the very narrow high-tech sector, seems at best a pipe dream, and at worst a delusion.
The Russians are clearly already engaged in a proxy war against the government of Ukraine. And that is something that we and the rest of the world have actively condemned and sanctioned Russia already heavily for, particularly the United States, as we have imposed now meaningful, tough sanctions in critical sectors, including the defense sector, the financial sector, and the energy sector.
If the private sectors are about markets and the public sectors are about governments, then the plural sector is about communities.
I have to create in India a macroeconomic environment where the employment in aggregate can go up at a handsome rate. Once that happens, people losing jobs in one sector will not mean that they will become perpetually unemployed. From one sector, they can move on to other sectors.
As with so many sectors of the economy, technology is transforming the retail banking sector.
When I look at the many energy-using sectors - such as businesses, households, electricity generators, the transportation sector - I see that the business sector is the one which uses the energy efficiency potential the highest, because they know that using energy more efficiently will also reduce their costs.
What I am saying every day to Malawians is that time has come for us to move from aid to trade. We have picked several sectors that we think we can focus on immediately in order for us to grow our economy. So we have decided to diversify agriculture, we decided to develop our tourism sector, we have decided to develop our mining sector.
Tourism is a very very important sector for us. Hospitality is an important sector for us. Civil Aviation is an important sector for us. In a country like India where they contribute to the GDP, not only GDP but millions of jobs have been provided through these sectors.
I think we have to pick up some sectors where we can make India the global hub in the entire value chain, and the most important sector to pick up should be electronics.
Look at Microsoft, Google, and Facebook. They have all entered many sectors, and actually, in many of those sectors, they weren't as early as Tencent.
The power and energy sectors are the biggest constituents of the infrastructure sector. If you ignore them, no development will happen.
We should raise fierce flames of innovations in the vanguard sectors, basic industrial sectors, and all other sectors of the national economy.
You need to be able to do that to market these possibilities to these specific investors who would be interested in a sector of that kind. It's what would be normally done by anybody with regard to attracting investment to particular sectors of the economy.
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