A Quote by Francois Bourguignon

Growth is improving the lot of the poor in many countries, reducing poverty by half since 1981. Freer trade could accelerate progress. — © Francois Bourguignon
Growth is improving the lot of the poor in many countries, reducing poverty by half since 1981. Freer trade could accelerate progress.
If we continue on the trend we’re on, we can reduce extreme poverty by more than 60 percent-lifting more than 700 million people out of dollar-and-a-quarter a day poverty and back from the brink of hunger and malnutrition. But if we accelerate our progress from 3 percent annual reduction to over 6 percent and focus on key turnarounds in some difficult countries, we could get a 90 percent reduction. We could essentially eliminate dollar-and-a-quarter head count poverty.
Even though it is the case that poverty is linked to AIDS, in the sense that Africa is poor and they have a lot of AIDS, it's not necessarily the case that improving poverty - at least in the short run, that improving exports and improving development - it's not necessarily the case that that's going to lead to a decline in HIV prevalence.
Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universal paean was raised in praise of growth. Growth was going to solve all problems. No need to bother about poverty. Growth will lift up the bottom and poverty will disappear without any need to pay attention to it. The economists, who should have known better, fell in with the same cry.
The countries that have risen and separated out as a result of the collapse of the Soviet Union are, on the whole, following freer economic policies. Most of these states have freer government and less restrictions on trade.
Irish research will contribute to global progress and have the potential to help all countries realise the potential of their land sectors in addressing climate change - this means reducing emissions, adapting to impacts, and enhancing and improving carbon sinks.
Simply put, unsustainable debt is helping to keep too many poor countries and poor people in poverty.
Fundamentalism is not bred in poverty. There are plenty of poor countries in the world that don't have violence because amid the poverty there is a kind of justice and in some countries a democracy.
A considerable proportion of the developed world's prosperity rests on paying the lowest possible prices for the poor countries' primary products and on exporting high-cost capital and finished goods to those countries. Continuation of this kind of prosperity requires continuation of the relative gap between developed and underdeveloped countries - it means keeping poor people poor. Increasingly, the impoverished masses are understanding that the prosperity of the developed countries and of the privileged minorities in their own countries is founded on their poverty.
More learning can occur when there are many obstacles then when thear are few or none. A life with difficult relationships, filled with obstacles and losses, presents the most opportunity for the soul's growth. You may have chosen the more difficult life so that you could accelerate your physical progress
We want trade agreements that aid development and increase prosperity, growth and productivity at home and in our trade partner countries.
Like so many free trade deals before and since, Nafta was sold as a massive opportunity for working people and their prospects. Forecasts spoke of hundreds of thousands of new jobs in all three countries. The reality could not have been more different.
There's no point in treating a currency like a commodity, devaluing it artificially and causing a lot of poverty among poor countries.
Chile has done a lot to rid itself of poverty, especially extreme poverty, since the return to democracy. But we still have a ways to go toward greater equity. This country does not have a neoliberal economic model anymore. We have put in place a lot of policies that will ensure that economic growth goes hand in hand with social justice.
The failure so far of the governments of so many of the worlds most powerful countries in the face of such egregious unfairness ... to make the slightest progress on the issue of fair trade is hard to explain.
The German people were not denied, however, the possibility of improving their lot by hard work over the years. Industrial growth and progress were not denied them.
By reducing trade barriers, improving intellectual-property protections, and setting international rules of the road, TTIP has the potential to improve America and Europe's global competitiveness and strengthen their comparative advantages.
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