A Quote by Sellapan Ramanathan

Well, as you've said, we cannot expect the people of China not to want to progress, so if you have an opportunity to progress, to develop your economy to a world class economy, it's an aspiration that is natural and that, I welcome.
Society must cease to look upon 'progress' as something desirable. 'Eternal Progress' is a nonsensical myth. What must be implemented is not a 'steadily expanding economy', but a zero growth economy, a stable economy. Economic growth is not only unnecessary but ruinous.
Progress starts with envisioning a new (yet old) lifestyle with the home as central to all aspects of life-work and leisure, food and energy. So, real progress means bringing the economy, beginning with the food economy, home again.
You cannot just depend on the market, because the market will say: China needs oil; China needs coal; China needs whatever, and Africa has got all these things in abundance. And we go there and get them, and the more we develop the Chinese economy, the larger the manufacturing is, the more we need global markets - sell it to the Africans which indeed might very well destroy whatever infant industries are trying to develop on the continent. That is what the market would do.
We have made progress from where we were when President Obama took office, when the economy - our economy had just contracted almost by nine percent.
Progress is not made by pulling off a series of stunts. Each step has to be regulated. A man cannot expect to progress without thinking.
As a matter of fact, Latin America's economy is almost as big as the economy of China. We're all focused on China. Latin America is a huge opportunity for America - time zone, language opportunities.
Martin Luther King was talking about racism, war and poverty. I think we have made progress enormous progress in racism and war, but we have made little or no progress in poverty. And it's because the economy has gotten more and more complex as we have globalized.
I think the economy in the US has surprised. The old adage is that if America sneezes, the rest of the world catches a cold. If the US economy does well, the global economy will do well.
I think you can grow your economy and at the same time do a better job of harnessing greenhouse gases. I don't think you can expect any American leader to wreck the economy, nor as an ally and a friend of America and a trading partner of America should you want us to wreck our economy.
There must be progress, certainly. But we must ask ourselves what kind of progress we want, and what price we want to pay for it. If, in the name of progress, we want to destroy everything beautiful in our world, and contaminate the air we breathe, and the water we drink, then we are in trouble.
There is a section of our population in South Africa that you can't expect to get integrated in the economy of its own. These are people without skills and that will include young people who might very well have matric certificates, but don't have the skills to be absorbed in the economy. So we need to target people like those in a special way, in a focused way so that they have the skills and the capacity to participate in the economy. That requires special programmes.
Even a China growing at 7% or indeed less is still adding to the world economy an economy equivalent to the UK or more.
China has seen a great deal of economic progress. It's certainly rather of a miracle. The growing role of the market in the economy will force China to open up its political system over time and to move toward a more democratic society. So taken as a whole, the one real failure in this whole business has been Russia.
China is a BRIC country. BRIC country means Brazil, Russia, India and China. This emerging economy really is helping the revival of the world economy.
People ask me, how is managing in the New Economy different from managing in the Old Economy? Actually, it's a lot the same. It's about the financial discipline of the bottom line, understanding your customers, segmenting your customers by their needs, and building a world-class management team.
Europe is often held up as a cautionary tale, a demonstration that if you try to make the economy less brutal, to take better care of your fellow citizens when they're down on their luck, you end up killing economic progress. But what European experience actually demonstrates is the opposite: social justice and progress can go hand in hand.
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