Sellapan Ramanathan Quotes

The German people were not denied, however, the possibility of improving their lot by hard work over the years. Industrial growth and progress were not denied them.

We look at the number of engineers coming out of India; we look at the growth of the economy, and it's clear that India is a place we want to be.

The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history.

In our State the locomotive has waked up the sleeping energies of a great people, and is transforming wasted fields into blooming gardens, and arousing men and women from the dull and heavy sleep that dwells with satisfaction upon the past, into the bright intelligence that looks to a glorious future ….

We are fifty or a hundred years behind the advanced countries. We must make good this distance in ten years. Either we do it, or they will crush us.

Since the war [WWII], the world has been rushing forward at an unprecedented and exhilarating speed … Yet Britain lags behind, lacking the will or the plan which can bring this future within the reach of us all.

India can make rapid economic progress to become a developed country only through a globally competitive economy, which requires assured access to the markets and technological innovations of the United States and some of its allies such as Israel and Japan.

Our country has the potential not just to be the giant of Africa but a major economic giant in the world.

Even a China growing at 7% or indeed less is still adding to the world economy an economy equivalent to the UK or more.

Nearly every country in the world is now becoming industrialized as rapidly as it can.

China is growing very quickly and is clearly becoming an important player in the world economy.

Until the last great war, a general expectation of material improvement was an idea peculiar to Western man. Now war and its aftermath have made economic and social progress a political imperative in every quarter of the globe.

Learning from the American experience, governments around the world have developed national innovation policies and programs to accelerate their economic prosperity and to help their citizens and companies compete globally.

We all know that China is industrializing at a growth rate of 8 to 10 percent per year. China is on track to pass the U.S. as the largest economy in the world in 20 to 25 years, and China is determined to give its people a chance at this high standard of living that we enjoy.

America's peak years of indigenous innovation ran from the 1820s to the 1960s. There were a few financial panics and two depressions, to be sure. But in this period, a frenzy of creative activity, economic competition and rapid growth in national income provided widening economic inclusion, rising wages for all, and engaging careers for most.

India's prosperity is sectioned by geography, such as in Bangalore, where the information technology industry is prominent. Because they have a conduit out of India, competing in the world by the Internet, it's not regulated in corrupt ways, and it is very prosperous.

I see little alteration at Lyons since I formerly passed through it. Its manufactories are, nevertheless, flourishing, though less improvement than could be expected is visible in the external aspect of the place.

Germany, Italy and France appear to possess less dynamism than do the U.S. and the others.

Once we started to urbanize, we put ourselves on this treadmill. We traded away stability for growth. And growth requires change.

The civilized world is far ahead of us. We have no choice but to catch up.

Modernization is found in markets.

The history of economic growth is the history of people making more with less and shifting into new jobs that were unheard of in the previous generation.

America…could within twenty years bring us to a degree of development which Turks, left to themselves, would not be able to achieve in a century. It would make Turkey prosperous, rich and happy and turn Turks into a strong and civilized nation.

My final aim is to bring Iran, within twenty years, to the same level of civilization and progress as will be enjoyed by the most highly developed countries. During the last ten years the degree of our backwardness has been halved, but it is this remaining backwardness which will be the most difficult to combat.

The market economy itself was not a product of violent action—of revolutions—but of a series of gradual peaceful changes. The implications of the term “industrial revolution” are utterly misleading.