A Quote by Joseph Stiglitz

Globally, manufacturing jobs are on the decline, simply because productivity growth has outpaced growth in demand.

Joseph Stiglitz

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Because Decline Demand Globally Growth Jobs Manufacturing Productivity Simply

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Joseph Stiglitz
American - Economist
Born: February 9, 1943

In my view, the key aim of economic policy in many countries, and particularly in Russia, should be the sort of policy that stimulates productivity growth because only on the basis of growth of labour productivity can we enjoy healthy growth.

Elvira Nabiullina

The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth.

Toshihiko Fukui

During the 1960s, and again in the 1970s, growth in manufacturing productivity in the United Kingdom was the lowest of all the seven major industrial countries in the world. During the 1980s, our annual rate of growth of output per head in manufacturing has been the highest of all the seven major industrial countries.

Nigel Lawson

Productivity growth, however it occurs, has a disruptive side to it. In the short term, most things that contribute to productivity growth are very painful.

Janet Yellen

Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.

Peter Drucker

Every major industry was once a growth industry. But some that are now riding a wave of growth enthusiasm are very much in the shadow of decline. Others that are thought of as seasoned growth industries have actually stopped growing. In every case, the reason growth is threatened, slowed, or stopped is not because the market is saturated. It is because there has been a failure of management.

Theodore Levitt

Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological innovation, jobs, and wealth.

William E. Simon

Technology has been advancing so fast that the number of jobs globally in manufacturing is declining. There is no way that Trump can bring significant numbers of manufacturing jobs back to the U.S.

Joseph Stiglitz

To keep up with the demands of the growing manufacturing sector, our Government is pleased to invest in the establishment of the Saskatchewan Manufacturing Centre of Excellence. Training skilled workers and increasing productivity and innovation are essential to the continued growth and prosperity of Saskatchewan, and Western Canada.

Michelle Rempel

By holding down natural wage growth in labor-intensive industries, immigration serves as a subsidy for low-wage, low-productivity ways of doing business, retarding technological progress and productivity growth.

Mark Krikorian

If India has to achieve exponential growth, it would have to be on the back of strong growth in the manufacturing sector.

Baba Kalyani

What we call 'economic growth' is in fact a growth in waste and a decline in the health of natural habitat

Satish Kumar

My advice would be, as you consider fiscal policies, to keep in mind and look carefully at the impact those policies are likely to have on the economy's productive capacity, on productivity growth, and to the maximum extent possible, choose policies that would improve that long-run growth and productivity outlook.

Janet Yellen

Without productivity gains, any growth in GDP is exactly offset by population growth, and the average income stays the same.

Said Musa

Infrastructure projects create a lot of demand for material, services and manpower. It is a chain reaction; if the infrastructure growth slows down, it will hit overall demand. The supply side has to keep increasing to sustain growth.

Jamshyd Godrej

Of all the things that can have an effect on your future, I believe personal growth is the greatest. We can talk about sales growth, profit growth, asset growth, but all of this probably will not happen without personal growth.

Jim Rohn

A Quote by Joseph Stiglitz

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