---
title: "2 Developing countries Quotes By James Surowiecki"
description: "2 Developing countries quotes by James Surowiecki. Plus more from James Surowiecki and more Developing countries sayings from other authors."
image: "https://sms4smile.com/quotes/i/32d/james-surowiecki-2196_business_making-loans-and-fighting-poverty-are-no_193802.jpg"
---

> [Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic innovation that has become not just popular but downright chic. The innovation - microfinance - involves…](https://sms4smile.com/quotes/james-surowiecki/making-loans-and-fighting-poverty-are-normally-two-of-the-least/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

[Image](https://sms4smile.com/quotes/i/32d/james-surowiecki-2196_business_making-loans-and-fighting-poverty-are-no_193802.jpg)

> [Developing countries often have hypertrophied bureaucracies, requiring businesses to deal with enormous amounts of red tape.](https://sms4smile.com/quotes/james-surowiecki/developing-countries-often-have-hypertrophied-bureaucracies-requiring/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

[Image](https://sms4smile.com/quotes/i/8ee/james-surowiecki-2196_amount_developing-countries-often-have-hypertro_2594313.jpg)

## Other authors on Developing countries

- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b014/author-joseph-stiglitz-53499.jpg) Joseph Stiglitz 8 quotes ](https://sms4smile.com/quotes/about/developing-countries/joseph-stiglitz/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b023/author-thomas-pogge-90558.jpg) Thomas Pogge 6 quotes ](https://sms4smile.com/quotes/about/developing-countries/thomas-pogge/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b003/author-tae-yoo-8433.jpg) Tae Yoo 5 quotes ](https://sms4smile.com/quotes/about/developing-countries/tae-yoo/)
- [Anna Lindh 5 quotes](https://sms4smile.com/quotes/about/developing-countries/anna-lindh/)

## More by James Surowiecki

> [Lack of confidence, sometimes alternating with unrealistic dreams of heroic success, often leads to procrastination, and many studies suggest that procrastinators are self-handicappers: rather…](https://sms4smile.com/quotes/james-surowiecki/lack-of-confidence-sometimes-alternating-with-unrealistic-dreams-of/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [Downsizing itself is an inevitable part of any creatively destructive economy.](https://sms4smile.com/quotes/james-surowiecki/downsizing-itself-is-an-inevitable-part-of-any-creatively-destructive/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [In the business world, bad news is usually good news - for somebody else.](https://sms4smile.com/quotes/james-surowiecki/in-the-business-world-bad-news-is-usually-good-news-for-somebody-else/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [You might think of consumption as a fairly passive activity, but buying new products and services is actually pretty risky, at least if you…](https://sms4smile.com/quotes/james-surowiecki/you-might-think-of-consumption-as-a-fairly-passive-activity-but/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [Corporations hope that the right concept will turn things around overnight. This is what you might call the crash-diet approach: starve yourself for a…](https://sms4smile.com/quotes/james-surowiecki/corporations-hope-that-the-right-concept-will-turn-things-around/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [Instead of mindlessly tossing billions at or taking billions from the Net as such, investors should be spending their time making sure that it's…](https://sms4smile.com/quotes/james-surowiecki/instead-of-mindlessly-tossing-billions-at-or-taking-billions-from-the/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [If you thought the advent of the Internet, the spread of cheap and efficient information technology, and the growing fragmentation of the consumer market…](https://sms4smile.com/quotes/james-surowiecki/if-you-thought-the-advent-of-the-internet-the-spread-of-cheap-and/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [There's no debt limit in the Constitution.](https://sms4smile.com/quotes/james-surowiecki/there-s-no-debt-limit-in-the-constitution/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact…](https://sms4smile.com/quotes/james-surowiecki/the-financial-crisis-of-2008-was-not-caused-by-investment-banks/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [A consumer-finance agency is a good thing, but it would do well to teach consumers a simple lesson: if you don't understand the deal…](https://sms4smile.com/quotes/james-surowiecki/a-consumer-finance-agency-is-a-good-thing-but-it-would-do-well-to/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [What corporations fear is the phenomenon now known, rather inelegantly, as 'commoditization.' What the term means is simply the conversion of the market for…](https://sms4smile.com/quotes/james-surowiecki/what-corporations-fear-is-the-phenomenon-now-known-rather-inelegantly/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic…](https://sms4smile.com/quotes/james-surowiecki/making-loans-and-fighting-poverty-are-normally-two-of-the-least/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [Unfortunately, there is something of a flaw in this idealized picture of the way the scientific community discovers truth. And the flaw is that…](https://sms4smile.com/quotes/james-surowiecki/unfortunately-there-is-something-of-a-flaw-in-this-idealized-picture/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [Markets work best when there's lots of information available and a historical track record to go on; they excel at predicting things like horse…](https://sms4smile.com/quotes/james-surowiecki/markets-work-best-when-there-s-lots-of-information-available-and-a/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

> [The profit motive, indecorous though it may seem, may represent the best chance the poor have to reap some of globalization's benefits.](https://sms4smile.com/quotes/james-surowiecki/the-profit-motive-indecorous-though-it-may-seem-may-represent-the/)

[James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "ItemList",
            "@id": "https://sms4smile.com/quotes/about/developing-countries/james-surowiecki/#itemlist",
            "name": "2 Developing countries Quotes By James Surowiecki",
            "numberOfItems": 2,
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "item": {
                        "@type": "Quotation",
                        "text": "Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic innovation that has become not just popular but downright chic. The innovation - microfinance - involves making small loans to poor entrepreneurs, usually in developing countries.",
                        "creator": {
                            "@type": "Person",
                            "name": "James Surowiecki"
                        },
                        "url": "https://sms4smile.com/quotes/james-surowiecki/making-loans-and-fighting-poverty-are-normally-two-of-the-least/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/32d/james-surowiecki-2196_business_making-loans-and-fighting-poverty-are-no_193802.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/32d/james-surowiecki-2196_business_making-loans-and-fighting-poverty-are-no_193802.jpg",
                            "url": "https://sms4smile.com/quotes/i/32d/james-surowiecki-2196_business_making-loans-and-fighting-poverty-are-no_193802.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two…” — James Surowiecki",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "item": {
                        "@type": "Quotation",
                        "text": "Developing countries often have hypertrophied bureaucracies, requiring businesses to deal with enormous amounts of red tape.",
                        "creator": {
                            "@type": "Person",
                            "name": "James Surowiecki"
                        },
                        "url": "https://sms4smile.com/quotes/james-surowiecki/developing-countries-often-have-hypertrophied-bureaucracies-requiring/",
                        "image": {
                            "@type": "ImageObject",
                            "@id": "https://sms4smile.com/quotes/i/8ee/james-surowiecki-2196_amount_developing-countries-often-have-hypertro_2594313.jpg",
                            "contentUrl": "https://sms4smile.com/quotes/i/8ee/james-surowiecki-2196_amount_developing-countries-often-have-hypertro_2594313.jpg",
                            "url": "https://sms4smile.com/quotes/i/8ee/james-surowiecki-2196_amount_developing-countries-often-have-hypertro_2594313.jpg",
                            "width": 1080,
                            "height": 1080,
                            "caption": "“Developing countries often have hypertrophied bureaucracies, requiring businesses to deal with enormous…” — James Surowiecki",
                            "creditText": "SMS4Smile Quotes",
                            "creator": {
                                "@id": "https://sms4smile.com/quotes/#organization"
                            }
                        }
                    }
                }
            ]
        },
        {
            "@type": "CollectionPage",
            "@id": "https://sms4smile.com/quotes/about/developing-countries/james-surowiecki/#webpage",
            "url": "https://sms4smile.com/quotes/about/developing-countries/james-surowiecki/",
            "name": "Developing countries Quotes by James Surowiecki",
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "mainEntity": {
                "@id": "https://sms4smile.com/quotes/about/developing-countries/james-surowiecki/#itemlist"
            },
            "primaryImageOfPage": {
                "@id": "https://sms4smile.com/quotes/i/32d/james-surowiecki-2196_business_making-loans-and-fighting-poverty-are-no_193802.jpg"
            },
            "description": "2 Developing countries quotes by James Surowiecki. Plus more from James Surowiecki and more Developing countries sayings from other authors.",
            "breadcrumb": {
                "@id": "https://sms4smile.com/quotes/about/developing-countries/james-surowiecki/#breadcrumb"
            }
        },
        {
            "@type": "BreadcrumbList",
            "@id": "https://sms4smile.com/quotes/about/developing-countries/james-surowiecki/#breadcrumb",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Topics",
                    "item": "https://sms4smile.com/quotes/categories/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Developing Countries",
                    "item": "https://sms4smile.com/quotes/about/developing-countries/"
                },
                {
                    "@type": "ListItem",
                    "position": 5,
                    "name": "James Surowiecki",
                    "item": "https://sms4smile.com/quotes/about/developing-countries/james-surowiecki/"
                }
            ]
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```