Peter Blair Henry Quotes

Peter Blair Henry — Jamaican Economist born on July 30, 1969,

Peter Blair Henry, an economist, is the ninth Dean of New York University’s Leonard N. Stern School of Business, and William R. Berkley Professor of Economics and Business, and author of TURNAROUND: Third World Lessons for First World Growth. Previously, he was the Konosuke Matsushita Professor of International Economics at Stanford University... (wikipedia)

Good economic policy requires not so much the bravado to implement drastic change as the strength and wisdom to make reasonable trade-offs over the many years it takes to transform a country's standard of living.

Business is one of the most powerful institutions on Earth for creating wealth and opportunity and helping to lift people out of poverty. When you think about it that way, then business is not separate from development policy.

Fear of foreign domination in India led the Janata Party, in the 1970s, to push for partial Indian ownership of all multinational firms within the country. The result was a spectacular pullback, by companies such as IBM and Coca-Cola, and a stagnant economy.

Between 2001 and 2011, Brazil lifted 20 million people out of poverty and into its growing middle class, and in the last quarter of the twentieth century Botswana's gross domestic product per capita grew faster than that of any other country on the planet. The once-labeled 'Third World' is edging its way into the 'First World.'

Just as an individual's ability to delay gratification at a young age is a powerful predictor of future academic and professional achievement, discipline is also central to the long-run economic health of nations.

Peter Blair Henry Quotes

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