A Quote by Joseph Stiglitz

In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.

Joseph Stiglitz

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Barrier Countries Developing Developing Countries Far Infrastructure Lack More Serious Tariffs Than Trade

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Joseph Stiglitz
American - Economist
Born: February 9, 1943

Average tariffs between rich countries are only 3 per cent. But developing countries face tariffs of more than 300 per cent in the EU for meat and more than 200 per cent in the US for fruit and nuts. These need to come down dramatically.

Hilary Benn

The Prosperity Fund has found innovative ways to help developing countries to improve their infrastructure, skills, trade and business environments; introducing to them sustainable models of trade and growth, rather than reliance upon traditional aid.

David Lidington

As developing countries became bigger traders, it was clear that the old way of doing business wouldn't fly. To get them back to the bargaining table, the wealthy countries had to offer something more: a new round of talks that would use trade as a tool to help developing countries grow.

Daniel Altman

The developing countries must be able to take a more active part in trade negotiations, through technical assistance and support from the developed countries.

Anna Lindh

Exporters monitor economic and political policies to the developing world, but the consequences of that have been to make developing countries far more sensitive to the constant fluctuations. Developing countries are not always allowed to support their farmers in the same way as the U.S. or Europe is. They're not allowed to have tariff barriers. They're forced, more or less, to shrink their social programs. The very poorest people have fewer and fewer entitlements. The consequence of this has been that there's been a chronic increase in the vulnerability of those economies to price shocks.

Raj Patel

Trade wars in which countries are then obliged to retaliate by raising their own tariffs against the initiator undermine growth and hurt consumers. Far from being expressions of strength they highlight the failure of the initiating country's economic sector to compete in the global market place.

Dominic Grieve

Large companies everywhere tend to be more productive than small ones. But the gap in productivity is far wider in developing countries.

Arancha Gonzalez

To set us on the right course we need to create more opportunities for trade, particularly in developing countries, and we need to adjust global trade rules to better meet the needs of entrepreneurs in the 21st century.

Pascal Lamy

Paradoxically, resource-rich developing countries are often worse off than comparable countries that lack those resources. One reason for this is that large resource endowments provide a huge financial incentive for attempts to overthrow the government and seize power.

Peter Singer

Developed countries and advanced developing countries must open their markets for products from the developing world, and support in developing their export and import capacity.

Anna Lindh

Considering the great benefits broadband connectivity can bring to individuals and businesses alike, it is crucial for developing countries - and underserved communities in developed countries - to help build out broadband infrastructure in an affordable manner.

Tae Yoo

I take the point of view that missing an important trade is a much more serious error than making a bad trade.

William Eckhardt

While the technology revolution has yet to reach far into the households of those in developing countries, this is certainly another area where more developed countries can assist those in the less developed world.

Carol Bellamy

In developing countries the situation could be even worse because developing countries do not have to count their emissions under the Kyoto Protocol. Private companies from industrialized nations will seek cheap carbon credits for their country in the developing world.

Jennifer Morgan

We want to allow Costa Ricans to make a qualitative leap in our development and go to an economy based on innovation and developing a broadband infrastructure in order to overcome the barrier of 15 per cent penetration.

Laura Chinchilla

When China got into the WTO, that allowed it to sell into any other country within the WTO - not just the United States - at the lowest tariffs that country offered. And the other countries could sell into China at the lowest tariffs that China offered. The problem, right off the bat, was that China had much higher tariffs than everywhere else, so the U.S. and Europe in particular got the short end of that stick.

Peter Navarro

A Quote by Joseph Stiglitz

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