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Asian Quote by Sanjaya Baru

“If the Asian financial crisis had the impact of accelerating China's rise, the transatlantic financial crisis has had the effect of accelerating Germany's rise.” quote by Sanjaya Baru
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“If the Asian financial crisis had the impact of accelerating China's rise, the transatlantic financial crisis has had the effect of accelerating Germany's rise.”

Sanjaya Baru

About This Quote

Source Article: The Rise of Germany, 2020

The Asian crisis boosted China; the transatlantic crisis boosted Germany.

In simple terms: Crises can accelerate national growth.

Key Takeaway

Recognize opportunities in economic downturns.

Themes

economics geopolitics history

Mood

analytical cautious

Type

economic political

When to use this quote

  • policy making
  • investment strategy
  • academic research

Key Concepts

comparative analysis global finance

Questions to Reflect On

  • What policies can mitigate negative fallout?
  • How can other nations prepare?
A Different Perspective

Crisis benefits are uneven and may cause instability.

2.3 out of 5 (8 ratings)

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