A Quote by Joseph Stiglitz

European officials thought that austerity was part of what they called their 'convergence policies,' of trying to bring countries together. Instead, it actually made things worse. There's more inequality within countries and more disparity across countries.

Joseph Stiglitz

Quote Author

Joseph Stiglitz
American - Economist
Born: February 9, 1943

Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries. Already established countries do not want more competitors emerging through the nationalistic policies they themselves successfully used in the past.

Ha-Joon Chang

The reality is that [Barack] Obama has some 15 countries in the current Libya coalition. President Bush put together close to 50 countries for the Afghan coalition, some 40 countries for the Iraqi coalition, more than 90 countries for the Proliferation Security Initiative and over 90 countries in the Global War on Terror.

Donald Rumsfeld

Toward the middle and end of the Fifties, West European countries became somewhat more important as providers of aid to underdeveloped countries. It was partly due to the prodding of the United States that these countries, as they regained economic viability, should shoulder their share of the aid burden.

Gunnar Myrdal

At a time when the European project is facing challenges, it's especially important to show the benefits of economic integration by continuing to invest in our people and working to reduce inequality, both within and across our countries.

Barack Obama

We must put together countries that produce drugs, countries that traffic, and countries that consume, and through this multilateral effort really stop the growing of crime.

Vicente Fox

My role as Manchester City manager was different to being manager of clubs in other countries. You share responsibility more in other European countries. You have the last word, though, in who to buy and who plays and things like that.

Sven-Goran Eriksson

Comparatively there is a much more awareness about energy resources in other countries and especially in the US and European countries. Also people there are much more serious about what they do. Here, people are more concerned about getting a 'degree' rather than this.

Ramon Magsaysay

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

If the Chinese can't buy U.S. products, they'll buy them from European countries and then develop stronger economic ties with France and Germany and perhaps side more with those countries when international issues flare up.

Gary Locke

Most people believe that inequality is rising - and indeed it has been rising for a while in a number of rich countries. And there is lots of talk and realization of this. It's harder to understand that at the same time, you can actually have global inequality going down. Technically speaking, national inequality can increase in every single country and yet global inequality can go down. And why it is going down is because very large, populous, and relatively poor countries like India and China are growing quite fast.

Branko Milanovic

This project would not only open up venues of cooperation in the oil and gas sector between the member countries but also help bring the people of regional countries together.

Amanullah Khan

The U.S. and Europe may have more breakthroughs in neuroscience, but you have to put that in perspective. The U.S. has 350 million people, and there are 28 countries in the European Union. Israel is third behind these countries in its neuroscience developments, but per capita, it is way ahead of everyone.

Chaka Fattah

We need to invest in healthcare, in education, in the sciences. And in so doing, we will tackle one of the most intractable problems we face, which is gross wealth inequality. We can't fight climate change without dealing with inequality in our countries and between our countries.

Naomi Klein

Countries with deficit don't want to pay the bill, and they want to get more loans, and countries with superiority, they don't want to help the countries with problems, and they just want them to tighten their belts.

Sebastian Pinera

The basic problem with the Non-Proliferation Treaty is there's no teeth in it, no penalties for countries that don't comply. Worse, as you say, the very naïve structure of the NPT has actually made it helpful for countries who want to acquire nuclear weapons. Iraq, North Korea, Iran, all used the NPT to build up their nuclear programs.