Vladimir Putin Quotes

The reform of state industry, and most directly related to that, the banking sector, is enormously daunting.

I think this notion that public enterprises do not work and therefore nationalization will be a disaster, I mean, it's not supported by evidence.

I do not like government-sponsored enterprises.

We will never have Russian-style privatization.

In other words, we do not have to be obsessed with privatizing immediately and at any cost. No, we will not do it at any cost. We will do it in a way that ensures maximum benefit for the Russian state and the Russian economy.

It is government policy to phase out subsidies to nationalised industries. In line with this, the government hopes that the coal industry will be able to operate without the need for assistance apart from social grants.

Our trend in the privatization process and gradual withdrawal of the state from certain assets remains unchanged.

I have publicly talked about Mexico's need to open ourselves up to the participation of the private sector in the energy sector, however this doesn't mean privatizing state-run companies.

We now consider as fundamental economic functions of the state, many duties that were left a generation ago to chance.

We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy.

In the mid-1990s, when Russia was undergoing a construction boom, I entered the real estate development market.

The government is determined to bring the program back on track, and proceed with the privatizations.

In China, remember, the the banks are arms of state policy. They loan because the local party official or regional party official tells them we need a new stadium. They are instruments of state policy.

It's not trickle down economics. The problem that the president has is that he's rudderless on the economy. I mean, he doesn't quite know what to do. It's a wake-up on Monday and try to figure it out. It takes time to turn a supertanker, so you need to know where you need to go.

If you want government to take everything, if you want government to take more and more over with the banks, more of the industries, all of a sudden you're going to have a government auto czar, right there, right down the line, that's socialism.

Big corporations are all to be nationalized.

Don’t look down over here Clement. Whenever you see something large, private and working well, you want to nationalize it.

No less than 50 percent of the means of production must be in the hands of the state.

A few years ago nationalization was the solution to most of our problems. Now, and keep this to yourself, it is an utter flop.

That’s right Clement. Every time you see something big, you want to nationalize it.

I am in favour of disinvestment. But if a disinvested company has to tie up with a government company for its livelihood, there is a problem.

We should not have the U.S. government buying stock in American industries - the financial industry or any other industry.

When we were actually in the Keating reform era, the Business Council was of no help.

We are very supportive of the economic reforms that the Chinese government have talked about.

I believe that eventually, one of the next big issues that will have to be addressed globally is the role of state-owned enterprises. Because there is a disadvantage that's built in.