A Quote by Zanny Minton Beddoes

The industrial world enjoys a rare combination of growth and low inflation; the 'Washington consensus,' a model of economic development that emphasizes macroeconomic discipline and open markets, is being adopted by more countries.

Zanny Minton Beddoes

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Adopted Being Being Adopted Combination Consensus Countries Development Discipline Economic Economic Development Growth Industrial Inflation Low Markets Model More Open Rare Washington World

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Zanny Minton Beddoes
British - Journalist
Born: 1967

For equity markets, the combination of low interest rates, strong economic growth and low inflation has proved very beneficial, with global share markets rising solidly in each of the past three years. This has been underpinned by strong growth in profits so that, notwithstanding the rise in share prices, P/E ratios have been declining on average.

Ian Macfarlane

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.

Francis Fukuyama

The road to economic well-being is to reward productive economic activity and to provide a moderate and predictable growth of money to finance real economic growth without reigniting the fires of inflation.

Paul Craig Roberts

Britain's generosity in the world has allowed us to help the poorest countries to get on the road to industrialisation through economic development and private sector investment in the world's most difficult frontier markets, where jobs and economic opportunities are desperately needed.

Priti Patel

During the past two decades, inflation has fallen to a low level in major industrial countries.

Toshihiko Fukui

During the 1970s, inflation expectations rose markedly because the Federal Reserve allowed actual inflation to ratchet up persistently in response to economic disruptions - a development that made it more difficult to stabilize both inflation and employment.

Janet Yellen

During the 1960s, and again in the 1970s, growth in manufacturing productivity in the United Kingdom was the lowest of all the seven major industrial countries in the world. During the 1980s, our annual rate of growth of output per head in manufacturing has been the highest of all the seven major industrial countries.

Nigel Lawson

Low inflation and government prudence may be harmful for economic development.

Ha-Joon Chang

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.

Arancha Gonzalez

This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many.

Barack Obama

The international institutions go around the world preaching liberalization, and the developing countries see that means open up your markets to our commodities, but we aren't going to open our markets to your commodities. In the nineteenth century, they used gunboats. Now they use economic weapons and arm-twisting.

Joseph Stiglitz

Predictably, open markets made it possible for countries to drive rapid growth by hitching their wagon to the world economy and using global demand to pull people and resources out of subsistence activities into more productive work.

Arancha Gonzalez

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.

Tae Yoo

Inflation is not only unnecessary for economic growth. As long as it exists it is the enemy of economic growth.

Henry Hazlitt

We know that inflation distorts economic behavior. In the 1970s, a combination of high tax rates and inflation prompted investors to flee production in favor of protection.

Nina Easton

The Soviet Union represents a threat in terms of might. It is a joke in terms of its economy and what it has to offer the Third World - a laughingstock to countries that are looking for an economic-development model.

Jack Kemp

A Quote by Zanny Minton Beddoes

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