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.”
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.
Recognize opportunities in economic downturns.
Themes
Mood
Type
When to use this quote
- policy making
- investment strategy
- academic research
Key Concepts
Questions to Reflect On
- What policies can mitigate negative fallout?
- How can other nations prepare?
Crisis benefits are uneven and may cause instability.