Economic growth Quote by Daron Acemoğlu

“The rebel militias, the Congo’s African neighbors, and many of their corporate allies have little interest in ending the country’s Balkanization. They prefer a…

— Adam Hochschild

“NATIONS FAIL TODAY because their extractive economic institutions do not create the incentives needed for people to save, invest, and innovate. Extractive political institutions…

— Daron Acemoğlu

“Some neighbouring countries of Dem. Rep. of the Congo are full of ambitions and they will bring their own downfall in the near future.”

— Mwanandeke Kindembo

“Economic institutions shape economic incentives: the incentives to become educated, to save and invest, to innovate and adopt new technologies, and so on. It…

— Daron Acemoğlu

“A stable and prosperous DRC is the victory of the World. Congo is a deciding factor for Africa's development whether we like it or…

— Dr Ahmed Padia Binkatabana

“My rights to the Congo are not for sharing; they are the fruits of my labours and my expenditures . . . The adversaries…

— Anonymous

The Congo is very wealthy from oil money but is not paying its debts and at the same time is applying for special status…

— Paul Singer

“Economic growth is quite simply incapable of satisfying this democratic and meritocratic hope, which must create specific institutions for the purpose and not rely…

— Thomas Piketty

“Economic institutions that create incentives for economic progress may simultaneously redistribute income and power in such a way that a predatory dictator and others…

— Daron Acemoğlu

“massive role of government in the economy has made politics the pre-eminent route to prosperity, as well as power-whether for individuals, tribes, or regions.”

— Thomas Sowell

“To the Africans throughout the Congo conscripted to work on these and other new enterprises, the Great Depression, paradoxically, brought lifesaving relief.”

— Adam Hochschild

Governments around the world are looking for economic growth and job creation. African economies are no exception, with increasing recognition that growth has to…

— Arancha Gonzalez