A Quote by Kemal Dervis
Combining valuable insights from his experience in China, his time as the World Bank's chief economist, and the 2008 financial crisis, Justin Yifu Lin's recommendations for development policy reflect an impressive and unique personal journey.
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On top of my to-do list in preparing for Beijing is 'On China' by Henry Kissinger, who has had firsthand experience with every top Chinese leader since Mao, so his insights are valuable and his access is perhaps unrivaled.
My dad's main client was the World Bank, and he spent most of his time traveling to Third World countries. His particular interest lay in the eradication of poverty through development and business.
After the global financial crisis of 2008, populist uprisings had sprouted across Europe. Putin and his strategists sensed the beginnings of a larger uprising that could upend the Continent and make life uncomfortable for his geostrategic competitors.
The financial crisis of 2008 created a seismic shift in the dynamics of trust in financial services. FinTech would have happened without the global financial crisis - but it would have taken much longer.
I was Justin Timberlake personal stylist for years, so I went to his video shoots and his gigs with Madonna, and I did it very hands-on. It was a great way to experience and understand that part of American culture.
Justin Lin is one of the most impressive people I've met professionally. I don't think he sleeps, or I think he sleeps 20 minutes every few hours during the night. Mostly, between shooting days, he was making rough cuts and other decisions with creative things on the Star Trek. He blew me away; in spite of working insane hours most days, his energy is incredibly generous and calm. Within the eye of storm, there was Justin there. He's someone who takes the temperature down and makes you feel calm in the middle of that, which is the greatest asset a huge production could have.
Robert M. Morgenthau, the Manhattan district attorney, has seen a few financial schemes in his time. As the lead local prosecutor in the world's financial capital, he has battled frauds like the Bank of Credit and Commerce International, which stole billions of dollars from investors worldwide.
The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.
The President, who really had been mostly managing his one-man Barack Obama narrative and journey his whole life, without executive experience, certainly - he's not a governor. Some governors, of course, they have experience in executing power, which is something fairly unique, actually, in government. And he has, neither, a set of nourishing experiences.
The policy goal is to persuade China to stop cheating. But here's what's interesting - Donald Trump intuitively understands what things should be. I did a study in 2008 where I estimated the impact of China's unfair trade practices on their competitive advantage - the so-called China Price. You know what it came out to be? Forty-three percent. Forty-three percent - very close to what his intuition said we needed in order to equalize things.
My godfather was a man named Justin Dart. Some of you may remember Justin Dart. My younger son's name is Justin, named after Justin Dart. I was executor of his estate, and he was my godfather. I first really got time to spend with Ronald Reagan with Justin Dart personally, one-on-one.
The problem with the focus on speculators, as was demonstrated during the financial crisis, is that it tends to divert attention from the real villains. During the financial crisis, the villains were the actions of the banks, not the speculators betting on bank share prices.
The Death of Money is an engrossing account of the massive stresses accumulating in the global financial system, especially since the 2008 financial crisis. Jim Rickards is a natural teacher. Any serious student of financial crises and their root causes needs to read this book.
Drawing on impressive achievements in academics and athletics as well as his own personal disappointments and challenges, Jordan provides students with a unique opportunity to discover the magnitude of their own potential.
Keynes was a very good economist. He was brilliant. He had wonderful insights. His work has inspired me many times.
We need from every man who aspires to leadership-for himself
and his company-a determination to undertake a personal
program of self-development. Nobody is going to order a man
to develop .... Whether a man lags behind or moves ahead in
his specialty is a matter of his own personal application. This is something which takes time, work, and sacrifice. Nobody can do
it for you.
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