A Quote by Angus Deaton
China and India are the success stories; rapid growth in large countries is an engine that can make a colossal dent in world poverty.
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China is the big economic engine in Asia, so what happens is, as China growth expands, these countries in the periphery of China, whether it be Indonesia, Malaysia, Singapore, the Philippines, they end up growing with China because they become big exporters.
Hundreds of millions of people around the world have been lifted out of poverty with the creation of robust middle classes in India and China, which is an enormously positive development for those countries that also creates opportunities for the rest of the world.
China had never had to deal in a world of countries of approximately equal strength, and so to adjust to such a world, is in itself a profound challenge to China, which now has fourteen countries on its borders, some of which are small, but can project their nationality into China, some of which are large, and historically significant, so that any attempt by Chinese to dominate the world, would involve in a disastrous for the peace of the world.
Globalization and technical change are the guarantee of our future prosperity. And reversing on that will not only make things worse, but it will make things worse for a very large number of people around the world who have benefitted - people in China and India who have been dragged out of the most awful poverty.
?I believe that it is very difficult in the world of today to continue with G-8 only without taking in account the importance of Brazil, China, India, many in the world economy, because these countries are great consumers, large consumers, and we're also becoming great producers, and also because we were better prepared than the rich countries for the nowadays global crisis.
The ratio of boys to girls is bad in three big countries in Asia: China, Vietnam, and India. It's worst in the north of India, where there's horrendous poverty. The number of girls in many of these places is so low that it has social consequences. You get young men without jobs and without women, and this leads to chaos and political danger. But the south of India is very different.
It's great to see countries like China and India lifting hundreds of millions of people out of poverty by essentially copying Western ways of doing things.
In China, you just don't have the space for civil society and independent discourse and free media that you do in India. That's why India's success is so important as the world's largest democracy.
India's dynamic growth, coupled with its large reservoir of skilled workforce, its commitment to democracy, and the rule of law, all taken together make India a very attractive investment destination.
What counts is results, and there can be no doubt that the Soviet planning system has been a powerful engine for economic growth...The Soviet model has surely demonstrated that a command economy is capable of mobilizing resources for rapid growth.
Burma wants to have good relations with our neighboring countries, China and India. I do believe the United States itself wants to live in harmony with China and India. That's why we have to lay down political policies that are fair for everyone.
The western model of growth that India and China wish to emulate is intrinsically toxic. It uses huge resources - energy and materials - and generates enormous waste... it remains many steps behind the problems it creates. India and China have no choice but to reinvent the development trajectory
The trend in the world right now is - not just in developed countries, but in developing countries including China and India - there is a movement to build more and more nuclear plants.
Sacrifices have to be made if you want to make a dent in the world, and that's what I started out to do - to make a dent in pop culture.
A decade ago, critics suggested biotech crops would not be valuable in the developing world. Now 90 percent of farmers who benefit are resource-poor farmers in developing countries. These helped alleviate 7.7 million subsistence farmers in China, India, South Africa, the Philippines from abject poverty.
It takes a government to set up public-private partnerships and develop university programmes. I think this is the best path for India, given the rapid progress the country has already made and given the rapid progress we all hope India will continue to make.
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