A Quote by Hilary Benn

The 90s was a difficult decade, with recessions in many transition countries and in emerging economies provoked by financial crises; and with continuing stagnation in Africa.

Hilary Benn

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Africa Continuing Countries Crises Decade Difficult Economies Emerging Emerging Economies Financial Many Provoked Recessions Stagnation Transition

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Hilary Benn
British - Politician
Born: November 26, 1953

Compared to developed countries, or even to some major emerging countries, burdened by aging populations, financial crises, widening budget deficits, faltering faith in politics and growing social demands, Africa has become the world's last 'New Frontier:' a kind of 'it-continent.'

Mo Ibrahim

My view is that the U.S. market will eventually join the emerging markets on the downside because if you take a bearish view about emerging economies, you cannot be too optimistic about the U.S. because for many U.S. corporations, 50 percent or more of their profits come from emerging economies.

Marc Faber

Sometimes I feel very alone. I am a bit of a nomad. Many people in sort of emerging countries, emerging economies, find themselves displaced. So there is that sense, and so I'm part of a whole, I think, group of displaced people.

Chris Abani

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

The essence of the this-time-is-different syndrome is...rooted in the firmly held belief that financial crises are things that happen to other people in other countries at other times; crises do not happen to us, here and now. We are doing things better, we are smarter, we have learned from past mistakes. The old rules of valuation no longer apply. Unfortunately, a highly leveraged economy can unwittingly be sitting with its back at the edge of a financial cliff for many years before chance and circumstance provoke a crisis of confidence that pushes it off.

Carmen Reinhart

Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty and marginalisation.

Anna Lindh

In the immediate postwar era, financial crises in advanced countries were rare events, and before 1970 did not happen at all. Since then they have occurred more often, and 2008 was the most damaging of them all to date. If we have moved back to a regime of regular financial crises - like the one we had from the 1870s to the 1930s - then our economic future will be very different from our recent past.

Alan M. Taylor

[Africa] is a continent of many countries, not one country. If we are down to three or four conflicts, it means that there are plenty of opportunities to invest in stable, growing, exciting economies where there's plenty of opportunity.

Ngozi Okonjo-Iweala

In emerging markets, slow growth in the advanced economies has shut down a traditional development path: export-led growth. As a result, emerging markets have had to rely once again on domestic demand. This is always a difficult task, given the temptation to over-stimulate.

Raghuram Rajan

We are three countries that emerged from the former Yugoslavia - countries that are now in transition and must cooperate with each other, because our economies depend on each other.

Stjepan Mesic

There are emerging countries. I mean, there are countries, you know, China, India, and Brazil, and all of these countries that are emerging. They are building homes. They are building - so there is a new lifestyle.

Diane von Furstenberg

Wars have economies. And I don't mean financial economies, although that's often part of it. Why do people continue fighting these wars? There are financial incentives.

Elliot Ackerman

China has established friendship with many African countries, and is opening itself up to Africa and providing assistance. It is cooperating with African countries on an equal basis and has no desire to colonize Africa.

Wen Jiabao

In the model that we grew up with, governments rule physical territory in which national economies function, and strong economies support hegemonic military power. In the new model, already emerging under our noses, economic decisions don't pay much attention to national sovereignty in a world where more than half of the one hundred or two hundred largest economic entities are not countries but companies.

Amory Lovins

Some companies are already investing in women and thereby betting on a brighter future - for a workforce just waiting to blossom, for emerging economies whose development depends on this new talent, and, of course, for their own financial growth.

Beth Brooke

Emerging market and developing economies have benefited from monetary easing in major economies but have also faced volatile risk sentiment tied to trade tensions.

Gita Gopinath

A Quote by Hilary Benn

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