Physical infrastructure remains important (particularly in developing nations), but concurrently investing in the development of a knowledge-based economy is essential to sustaining healthy economic growth and creating well-paying jobs in a highly competitive, ideas-driven global economy.
Building a 'Green Gabon' has always been a central pillar of my government, and in 2014, I introduced a new legal framework that puts environmental protection and sustainable development firmly at the heart of our future economic growth.
Governments around the world are looking for economic growth and job creation. African economies are no exception, with increasing recognition that growth has to be built on a more diversified economic structure in order to make a lasting contribution to development.
Debt is a drag, a reality you may experience with every credit-card bill you open. But for a corporation or a government, it can be even more of a drag - on economic growth and job creation.
The market is the creator of social wealth and the wellspring of self-sustaining economic development.
What Asia's postwar economic miracle demonstrates is that
capitalism is a path toward economic development that is potentially
available to all countries. No underdeveloped country in the
Third World is disadvantaged simply because it began the growth
process later than Europe, nor are the established industrial powers
capable of blocking the development of a latecomer, provided
that country plays by the rules of economic liberalism.
One of the most compelling arguments for encouraging the education of girls, particularly in developing countries, is this: Education enables jobs, jobs are a source of economic growth, and economic growth is a key to development and stability.
Environmental protection and economic development are not in conflict. Environmental protection is not a burden but a source for innovation. It can increase competition, create jobs, and lifts the economy.
We want to help countries ultimately to become self-sustaining. That has to come through economic development.
Every single human being is creative and maximizing that creativity is critical to happiness and economic growth. Economic growth is driven by creativity, so if we want to increase it, we have to tap into the creativity of everyone. That's what makes me optimistic. For the first time in human history, the basic logic of our economy dictates that further economic development requires the further development and use of human creative capabilities. The great challenge of our time is to find ways to tap into every human's creativity.
We need economic growth, yes, but growth can be jobless, so a sustainable development framework for employment must include a job creation strategy.
My definition of economic development is economic growth.
All taxes are a drag on economic growth. It's only a question of degree.
The U.S. and China need to take steps - mostly individually, sometimes together - that will have the mutually beneficial effect of supporting and sustaining economic growth.
As we are pursuing economic growth and economic development, we have to make sure it happens with and by and for everyone. That everyone gets opportunity.
It would be a mistake to believe that environmental protection and economic growth are mutually exclusive.