Developed countries Quote by Joseph Stiglitz
“What separates developing countries from developed countries is as much a gap in knowledge as a gap in resources.”
About This Quote
Source Lecture: World Bank Annual Meeting, 2015
Development gaps stem from both knowledge deficits and resource shortages.
In simple terms: Lack of knowledge and resources hinder development.
Invest in education and capital.
Themes
Mood
Type
When to use this quote
- International aid programs
- government planning
- NGO projects
Key Concepts
Questions to Reflect On
- How can knowledge be effectively applied?
- What resources are most critical?
Knowledge alone may not translate without institutional capacity.