Quotes About Growth

Fruits of unsustainable extractive growth: Zheng He's ship alongside Columbus's Santa Maria Gregory A. Harlin/National Geographic Stock

Las instituciones económicas inclusivas también allanan el camino para otros dos motores de prosperidad: la tecnología y la educación.

The growth generated by extractive institutions is very different in nature from growth created under inclusive institutions, however. Most important, it is not sustainable. By their very nature, extractive institutions do not foster creative destruction and generate at best only a limited amount of technological progress. The growth they engender thus lasts for only so long. The Soviet experience gives a vivid illustration of this limit.

Los países fracasan cuando tienen instituciones económicas extractivas, apoyadas por instituciones políticas extractivas que impiden e incluso bloquean el crecimiento económico.

Nations fail when they have extractive economic institutions, supported by extractive political institutions that impede and even block economic growth.

El crecimiento económico y el cambio tecnológico están acompañados por lo que el gran economista Joseph Schumpeter denominó «destrucción creativa

In the case of China, the growth process based on catch-up, import of foreign technology, and export of low-end manufacturing products is likely to continue for a while.

Congo, vividly illustrates how political institutions determine economic institutions and, through these, the economic incentives and the scope for economic growth.

La combinación de innovación tecnológica y organizativa proporciona el modelo para el progreso económico que transformó las economías mundiales que llegarían a ser ricas.

Inclusive economic institutions that enforce property rights, create a level playing field, and encourage investments in new technologies and skills are more conducive to economic growth than extractive economic institutions that are structured to extract resources from the many by the few and that fail to protect property rights or provide incentives for economic activity.

The process of economic growth and the inclusive institutions upon which it is based create losers as well as winners in the political arena and in the economic marketplace. Fear of creative destruction is often at the root of the opposition to inclusive economic and political institutions.

Political and economic institutions, which are ultimately the choice of society, can be inclusive and encourage economic growth. Or they can be extractive and become impediments to economic growth. Nations fail when they have extractive economic institutions, supported by extractive political institutions that impede and even block economic growth.

I don't think anyone ever remembers what they were really like as kids. Adults think they do, but they don't. Photos and videos don't capture the real you, or bring back to life the person you used to be. You have to return to the past to do that.

It is good to be taught humility when we are young. If we do not exeperience pain as children, we will cause pain as adults.

Monster tidak terlahir keji begitu saja. Mereka tumbuh, berkembang, menjadi monster.

Childhood is the purest state. The pure of heart never leave it behind. Their life merely takes them on a cirtuitous route away from, and then back to it.

Do not be such a baby, he jeered, tugging my hands free. It hurts! I howled. Of course it does. He laughed. It hurt me too. Did you think becoming a vampire was easy? Get used to the pain. Much of it lies ahead.

Life is a challenge," he once told me, "and only those who rise to the challenge truly know what it means to live.

Failure is always a bitter pill to swallow, Mr. Crepsley said.

We all have to do things we don't like in life.

Like worms, we've grabbed on to the talons of eagles and learned some small truths and means of flight.

The people who move forward and overcome their fears do not have some special powers or a magic pill they take; they just have more practice in facing their fears.

If you were to open up a baby's head - and I am not for a moment suggesting that you should - you would find nothing but an enormous drool gland.

You can only be young once but you can always be immature.