The main sources of tension in today's world economy could be grouped under the following categories: (i) the underdevelopment of a large part of world (ii) competition between different economic systems (iii) the passing of colonialism (iv) economic instability, especially in primary markets, and (v) national shortsightedness, especially in trade policy.
Jan TinbergenRelated topics
competition different economy following instability large main national passing policy primary tension trade under world iii shortsightedness colonialism underdevelopmentRelated quotes
The economic history of the last half century offers two cases of serious international depressions in countries with an essential orientation towards a market economy: In the first half of the 1930ies and in the middle of the 1970ies. With some simplification one can say that in the former case recovery started after a few years without the aid of much conscious expansionist policy.
Bertil Ohlin
If we turn to the differences separating Communist, Fascist, and National Socialist regimes, we find that they can be accounted for by contrasting social, economic, and cultural condition in which the three had to operate. In other words, they resulted from tactical adaptation of the same philosophy of government to local circumstances, not from different philosophies.
Richard Pipes
The fines on the engineering union and the heavy damages that may be levied against the transport union go well beyond questions of economic policy and strike at the roots of free trade unionism. Conscientious objection to the law is not a criminal act. It is not the same as an attempt to overturn the Government and set up a new one, without elections, by the direct use of industrial strength.
Tony Benn
The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy.
Timothy Geithner
We're also going to have to change our trade, immigration and economic policies to make our economy strong again. And to put Americans first again. This will ensure that our own workers, right here in America, get the jobs and higher pay that will grow our tax revenues, increase our economic might as a nation.
Donald Trump
