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In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.

Joseph Stiglitz

Related Topics

Country Development Infrastructure Serious Trade

Bagwalas

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Bitcoin is successful only because of its potential for circumvention, lack of oversight.
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Workers’ rights should be a central focus of development.
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Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
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Climate change poses an existential threat to the planet that is no less dire than that posed by North Korea’s nuclear ambitions.
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The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.
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The problem is a lot of what is called economics is not economics. It is more ideology or religion.
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Development is about transforming the lives of people, not just transforming economies.
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Letting bygones be bygones is a basic principle in economics.
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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently.
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The reason that the invisible hand often seems invisible is that it is often not there.
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Poverty is what we call the extremes at the bottom.
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Climate change is a reality.
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When you don’t have equality of opportunity because you don’t have equal access to education, it just seems so outrageous. It weakens our economy and leads to more inequality.
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Society can’t function without shared prosperity.
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The more divided a society becomes in terms of wealth, the more reluctant the wealthy are to spend money on common needs.
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