A Quote by Joseph Stiglitz

What separates developing countries from developed countries is as much a gap in knowledge as a gap in resources. — © Joseph Stiglitz
What separates developing countries from developed countries is as much a gap in knowledge as a gap in resources.
The difference in the quality of medical care received by people with mental illness is one of the reasons why they live shorter lives than people without mental illness. Even in the best-resourced countries in the world, this life expectancy gap is as much as 20 years. In the developing countries of the world, this gap is even larger.
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.
The main issue [of the Scientific Revolution] is that the people in the industrialised countries are getting richer, and those in the non-industrialised countries are at best standing still: so the gap between the industrialised countries and the rest is widening every day. On the world scale this is the gap between the rich and the poor.
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.
There is a wide knowledge gap between us and the developed world in the West and in Asia. Our only choice is to bridge this gap as quickly as possible, because our age is defined by knowledge.
Large companies everywhere tend to be more productive than small ones. But the gap in productivity is far wider in developing countries.
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.
Global interdependence today means that economic disasters in developing countries could create a backlash on developed countries.
The developing countries must be able to take a more active part in trade negotiations, through technical assistance and support from the developed countries.
Developed countries should support developing countries in tackling climate change. This not only is their responsibility, but also serves their long-term interests.
The biggest problems are the damn national sectors of these developing countries. These countries think that they have the right to develop their resources as they see fit. They want to become powers.
There is a considerable polarization taking place here, increasing the gap between rich and poor. It's most dramatic in Third World countries, of course, but in the rich countries it's also very noticeable.
To maximise global social welfare, policymakers should strongly encourage the diffusion of knowledge from developed to developing countries.
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.
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.
And why is our music called world music? I think people are being polite. What they want to say is that it's third world music. Like they use to call us under developed countries, now it has changed to developing countries, it's much more polite.
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