A Quote by Urjit Patel
If one sees far, structural changes that come with temporary disruptions can be growth- and efficiency-augmenting in the medium to long term.
Related Quotes
We have a structural problem because you can simultaneously understand the medium to long-term risks of climate change and also come to the conclusion that it is in your short-term economic interest to invest in oil and gas. Which is why, you know, anybody who tells you that the market is going to fix this on its own is lying to you.
Unless you invest in people, you are not going to see growth in the long term, the medium term, and maybe even the short term.
The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
Efficiency may curtail [energy] demand in the short term, for the specific task at hand. But its long-term impact is just the opposite...efficiency fails to curb demand because it lets more people do more, and do it faster-and more/more/faster invariably swamps all the efficiency gains.
Investment in infrastructure is a long term requirement for growth and a long term factor that will make growth sustainable.
Long-term memory involves enduring changes that result from the growth of new synaptic connections.
The most general law in nature is equity-the principle of balance and symmetry which guides the growth of forms along the lines of the greatest structural efficiency.
Whatever the short term clashes between protecting the environment and eradicating poverty, medium term and long term it is clear. Unless we grow sustainably, at some point we face catastrophe
The choice facing the American people is not between growth and stagnation, but between short-term growth and long-term disaster.
Debasing your currency sometimes works in the short term, it has never worked in the long term and does not even usually work in the medium term. Lots of politicians like to do it because it is an easy way.
Business is all about learning to balance the short-term, medium-term and long-term and I think it's when things are going well it covers up a lot of mistakes and bad decisions because you're growing so quickly.
I believe in lifestyle changes, and when you think of something long term, you do it better. If I know I just have to eat this way for a week, how does that help you for the long term? It doesn't.
Developing wisdom in community is to constantly learn and relearn that expedience in the short term - whether for efficiency or profitability - can lead to disasters in the long term in financial, ecological, political, social, and spiritual spheres.
Some time ago we discovered the carbon cycle - a long-term set of chemical reactions that govern climates based on how much carbon is free in the atmosphere. At that point, it became clear that humans were affecting our environments far more profoundly than we realized. By releasing so much carbon and greenhouse gas into the environment, we're making long-term changes to every aspect of the natural world.
In the medium and long term. Spain is solvent and able to pay its high debts. In the short-term, we have the capacity to meet our obligations.
Whatever long-term advantages are claimed for Brexit it is overwhelmingly clear that in the short to medium term it carries risks to our economy and security.
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