A Quote by Arancha Gonzalez

Growth without diversification, technological improvement, and increased productivity is easily reversed: all it takes is a dip in commodity prices.

Arancha Gonzalez

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Commodity Commodity Prices Dip Diversification Easily Growth Improvement Increased Prices Productivity Reversed Takes Technological Without

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Arancha Gonzalez
Spanish - Economist
Born: May 22, 1969

It is precisely through falling prices that the fruits of increased productivity and economic growth are spread throughout the market economy.

Joseph Salerno

Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological innovation, jobs, and wealth.

William E. Simon

The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy.

Gita Gopinath

By holding down natural wage growth in labor-intensive industries, immigration serves as a subsidy for low-wage, low-productivity ways of doing business, retarding technological progress and productivity growth.

Mark Krikorian

Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.

Peter Drucker

Man is still by instinct a predatory animal given to devilish aggression. The discoveries of science have immensely increased productivity of material things. They have increased the standards of living and comfort. They have eliminated infinite drudgery. They have increased leisure. But that gives more time for devilment. The work of science has eliminated much disease and suffering. It has increased the length of life. That, together with increase in productivity, has resulted in vastly increased populations. Also it increased the number of people engaged in devilment.

Herbert Hoover

Productivity gains are vital to long-term growth because they typically translate into higher incomes, in turn boosting demand. That process takes time, of course - especially if, say, the initial recipients of increased income already have a high savings rate.

Michael Spence

If global oil prices or commodity prices are high, then it is bound to create inflation. So, we should not be too worried if the inflation is created by global commodity prices. When they come down, inflation will automatically come down.

Adi Godrej

In my view, the key aim of economic policy in many countries, and particularly in Russia, should be the sort of policy that stimulates productivity growth because only on the basis of growth of labour productivity can we enjoy healthy growth.

Elvira Nabiullina

Productivity growth, however it occurs, has a disruptive side to it. In the short term, most things that contribute to productivity growth are very painful.

Janet Yellen

There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what causes prices to rise. Of course, in market economies, prices for individual goods and services rise and fall based on changes in supply and demand, but it is only through inflation that prices rise in aggregate.

Peter Schiff

There's no question that California, in the last three or four years, has been privileged to add disproportionately to the economic growth of America, and to contribute to its technological productivity.

Gray Davis

Without productivity gains, any growth in GDP is exactly offset by population growth, and the average income stays the same.

Said Musa

The Federal Reserve's objectives of maximum employment and price stability do not, by themselves, ensure a strong pace of economic growth or an improvement in living standards. The most important factor determining living standards is productivity growth, defined as increases in how much can be produced in an hour of work.

Janet Yellen

A pickup in demand in many advanced economies and a stabilization in commodity prices should, in turn, boost the growth prospects of emerging market economies.

Janet Yellen

By enriching the carbon-dioxide content of the atmosphere from its impoverished pre-industrial levels, human beings have increased the productivity of the entire biosphere - so much so that roughly one out of every seven living things on the planet owes its existence to the marvelous improvement in nature that humans have effected.

Robert Zubrin

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