A Quote by Stef Wertheimer

Germany and South Korea were able to lower unemployment through success in export industries.

Stef Wertheimer

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Able Export Germany Industries Korea Lower South South Korea Success Through Unemployment Were

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Stef Wertheimer
Israeli - Businessman
Born: July 16, 1926

Achievements in successful export industries, which need highly skilled people, can create an area as flourishing as South Korea and Singapore.

Stef Wertheimer

As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, garments, wigs made with human hair) that used to be its main export items in the 1960s.

Ha-Joon Chang

You know, North Korea situation is far worse than East Germany, and South Korea is weaker than West Germany.

Kim Dae Jung

I think I sort of realized it was an international thing when we went to South Korea for The Fast [and the Furious] 6 premiere. We knew nothing about South Korea, and we came through the sliding doors [at the airport] with my luggage and there were like 60 fans with Luketeer banners: "We're your Korea Luketeers." It was like, wow, this is amazing.

Luke Evans

I don't think America needs 28,000 men on Okinawa. I don't think we need an army in Germany. What's it for, to protect Germans against the Russians, to protect the French against the Germans? It's just there by inertia, that's my reading of it. I don't think we need an army in South Korea because North Korea is absolutely no threat to South Korea.

Kevin Gutzman

In a world dependent on international trade and commerce, and staggering under a heavy load of international debt, no policy is more destructive than protectionism. It cuts off markets, eliminates trade, causes unemployment in the export industries all over the world, depresses the prices of export commodities, especially farm products of the United States. It is the crowning folly of government intervention.

Hans F. Sennholz

I think at one point there were three television channels showing 'Starcraft' tournaments in South Korea. We were so unprepared for its success.

Michael Morhaime

If the US were to attack North Korea, they'd certainly destroy North Korea, but South Korea would be pretty well wiped out too.

Noam Chomsky

I think the regime in North Korea is more fragile than people think. The country's economic system remains desperate, and one thing that could happen for example would be under a new government in South Korea, to get the South Korean government to live up to its own constitution, which says any Korean who makes it to South Korea, is a Korean citizen. A citizen of the Republic of Korea. And you could imagine the impact that would have inside North Korea if people thought, "If I could get out and make it to South Korea, I could have a different life."

John Bolton

Germany is the new pig. Germany depends on exports and its markets are drying up. When the Germans start getting 10% unemployment, 15% unemployment, which is the real variable, how are they going to handle it?

George Friedman

To be sure, China is nowhere as powerful as the U.S., but it has acquired the ability to impose its will on individual nations around the world. From Australia to Germany, South Africa to South Korea, political leaders are careful not to rub China the wrong way.

Sanjaya Baru

North Korea threatened to launch a missile at South Korea. North Korea backed down after South Korea threatened to launch a sequel to 'Gangnam Style.'

Conan O'Brien

I was in the U.K. and Germany and went to Volkswagen and learned about their apprenticeship model - young people become paid apprentices in trades. It's not a coincidence that youth unemployment is far lower in Germany than the United States because there are paid opportunities for young people to get experience.

Tom Perez

Germany, South Korea - these are all countries that are investing massively in education. We've got to do the same thing in America.

Barack Obama

South Korea and the U.S. share common interests with regard to the North Korean nuclear issue, so I promise that South Korea will fully consult with the U.S. on the deployment of THAAD.

Moon Jae-in

Where countries have been able to carry through on their reform commitments - as in Korea, Thailand and the Philippines - results are starting to come in the form of lower interest rates, new investment and increased growth.

Lawrence Summers

A Quote by Stef Wertheimer

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