A Quote by Stef Wertheimer
Achievements in successful export industries, which need highly skilled people, can create an area as flourishing as South Korea and Singapore.
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Germany and South Korea were able to lower unemployment through success in export industries.
As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, garments, wigs made with human hair) that used to be its main export items in the 1960s.
I think the regime in North Korea is more fragile than people think. The country's economic system remains desperate, and one thing that could happen for example would be under a new government in South Korea, to get the South Korean government to live up to its own constitution, which says any Korean who makes it to South Korea, is a Korean citizen. A citizen of the Republic of Korea. And you could imagine the impact that would have inside North Korea if people thought, "If I could get out and make it to South Korea, I could have a different life."
Japan and South Korea are on high alert after North Korea successfully launched a long-range rocket. Both countries are surprised by North Korea's successful launch, but definitely not as surprised as North Korea.
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.
There are things I admire, for example, about South Korea or Singapore. I admire their history, their development and how intensively they have invested in their people and in technology.
I don't think America needs 28,000 men on Okinawa. I don't think we need an army in Germany. What's it for, to protect Germans against the Russians, to protect the French against the Germans? It's just there by inertia, that's my reading of it. I don't think we need an army in South Korea because North Korea is absolutely no threat to South Korea.
There are only two ways to have a middle class in your country: either you have highly skilled manufacturing jobs, or you have a highly skilled, well trained, knowledge-based workforce. In other words, college.
The major difference I've found between the highly successful and the least successful is that the highly successful stick to it. They have staying power. Everybody fails. Everybody takes his knocks, but the highly successful keep coming back.
This visit [to Singapore] is an occasion to mark the 50th anniversary our bilateral relationship with Singapore, which is one of our strongest and most reliable partners in South-east Asia.
We need to create an enterprise culture, a society where successful entrepreneurs are respected and admired, not treated with suspicion and disdain. And in which we see less envy of other peoples' achievements and mistrust of commerce, and a greater readiness to get out there and join in the process.
With Singapore's partnership, the United States in engaging more deeply across South-east Asia and Asean, which is central to the region's peace and prosperity. Singapore is an anchor for the US presence in the region, which is a foundation of stability and peace.
North Korea threatened to launch a missile at South Korea. North Korea backed down after South Korea threatened to launch a sequel to 'Gangnam Style.'
If we wish our state's growth to continue, then our future will increasingly be with industries that require a highly skilled and technically proficient workforce.
South Korea at the end of the Second World War had a very low level of literacy. But suddenly, like in Japan, they determined they were going in that direction. In 20 years' time, they had transformed themselves. So when people go on saying that it's all because of perennial culture, which you cannot change, that's not the way the South Korean economy was viewed before the war ended. But again within 30 years, people went on saying there's an ancient culture in Korea that has been pro-education, which is true.
I think I sort of realized it was an international thing when we went to South Korea for The Fast [and the Furious] 6 premiere. We knew nothing about South Korea, and we came through the sliding doors [at the airport] with my luggage and there were like 60 fans with Luketeer banners: "We're your Korea Luketeers." It was like, wow, this is amazing.
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