I believe growth should be constant, sustained and inclusive. It's only meaningful if these three things are there. Otherwise they're just economic figures.
I believe economic growth should translate into the happiness and progress of all. Along with it, there should be development of art and culture, literature and education, science and technology. We have to see how to harness the many resources of India for achieving common good and for inclusive growth.
I believe economic growth should translate into the happiness and progress of all. Along with it, there should be development of art and culture, literature and education, science and technology. We have to see how to harness the many resources of India for achieving common good and for inclusive growth.
Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.
Economic growth must be the central issue because it is only through growth that the devastating threat of national bankruptcy can be averted. Furthermore, it is only by reviving American economic growth that the West's global predominance can be sustained, and peace and freedom kept secure around the world.
To be equitable, economic growth has to be sustainable. To be sustainable, economic growth has in turn to be all-inclusive. All-inclusive is no longer the greatest good of the greatest number. It is actually 'Sarvodaya' or the 'rise of all'. This Mahatma Gandhi saw as essential to Satyagraha itself.
Growth works. What we're doing in the administration to spur growth in terms of regulatory form work. And what we're working is to make sure that those tax cuts add to that. We do believe that sustained 3 percent economic growth is possible and that that is the way you can balance the budget long-term.
The populists are right in one key area: voters want jobs and equitable growth, and can hardly be faulted for that. The challenge is to find a more inclusive growth trajectory that can be sustained economically, ecologically, and politically.
You need in the long run for stability, for economic growth, for jobs, as well as for financial stability, global economic institutions that make sure that growth to be sustained has to be shared, and are built on the principle that the prosperity of this world is indivisible.
Without the heart to ground it and open it to who we really can be as human beings, the brain is a very dangerous machine. A machine that is saying: we've got to have economic growth; we've got to have unending economic growth, otherwise societies will collapse. And yet there should be something saying: wait a minute, this isn't going to work.
Our most important priority is sustained economic growth, and I think we can absolutely get to sustained 3% to 4% GDP, and that is absolutely critical for the country.
I really think that elected officials should be focused on how you create sustained economic growth, how do you create jobs and all of these issues that made people - segments of our society believe are really important are diversions politically.
We believe that economic globalisation should be more open, inclusive, equitable, and balanced for mutual benefits.
We think that`s necessary just as a foundation for economic growth. It`s not the jobs in and of themselves, which you do make by building bridges and things like this, but it`s the economic growth that comes from having a modern infrastructure that is in dire need of repair.
Reforms to product and labour markets, education, innovation, green growth, competition, taxes, health - they are the things that should be the object of our primary focus in the context of a long-term strategy to restore sustained growth.
Thus, the questions we should ask here are what makes the current economic upswing different from the past two recoveries, and whether such differences are sufficient for the economy to reach the sustained growth path.
Without restoring an ethos of social responsibility, there can be no meaningful and sustained economic recovery.