“The natural resource curse is not fate; it is choice. The exploitation of natural resources is an important part of globalization today, and in some ways the failures of the resource-rich developing countries are emblematic of globalization's failures.”

— Joseph E. Stiglitz, book Making Globalization Work

§5, p. 149
Making globalization work (2006)

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The natural resource curse is not fate; it is choice. The exploitation of natural resources is an important part of glo…" by Joseph E. Stiglitz?

Joseph E. Stiglitz39

American economist and professor, born 1943. 1943

Related quotes

“The shame is compounded by the failure of developed countries to commit enough of their wealth and resources to helping poor populations from developing countries.”

Laisenia Qarase (1941) Prime Minister of Fiji

Excerpts from a speech to the Association of Development Financing Institutions in Asia and the Pacific, 13 May 2005

“Failure: the renewable resource.”

Kay Ryan (1945) American poet

“Investing in people is the single most important thing in the knowledge economy. Traditionally, wealth was defined by land and natural resources. Today the most important resources is between our ears.”

Barack Obama (1961) 44th President of the United States of America

2014, Young Southeast Asian Leaders Initiative Town Hall (April 2014)

“This country has been so rich in human and material resources that it is only recently that the importance of waste elimination has come to be realized. The material element received the first consideration, and in the comparatively few years during which the subject has received attention, an enormous amount has been done to conserve natural resources, to economize in the use.”

Frank Bunker Gilbreth, Sr. (1868–1924) American industrial engineer

Source: "Motion Study as an Increase of National Wealth," 1915, p. 96

“Mexico is a country that has a lot of energy potential. We not only have oil; we also have shale gas. But we cannot expect that a Mexican state company is the only one that can exploit the resources. Resources will continue belonging to Mexicans. They are the patrimony of the nation. But the Mexican state must find more efficient ways to exploit those resources.”

Enrique Peña Nieto (1966) 57th President of Mexico

Foreign Affairs interview (January 2014)

“Africa is wealthy in natural resources; the problem is they are not optimally utilized.”

Yoweri Museveni (1944) President of Uganda

As quoted in "President Museveni Highlights Ugandan Achievements for Americans: Ugandan leader proud of political opening, economic growth in his country" https://web.archive.org/web/20050927025054/http://news.findlaw.com/wash/s/20050923/200509231521551.html (23 September 2005), by Jim Fisher-Thompson, Washington File, FindLaw <br class="br">2000s

“Nature is our mother. She is not a resource for human consumption.”

Krishna Kant Shukla (1959) Indian Classical musician

“My own answer to the contrarian question is that most people think the future of the world will be defined by globalization, but the truth is that technology matters more. ... In a world of scarce resources, globalization without new technology is unsustainable.”

Peter Thiel book Zero to One

Source: https://books.google.com/books?id=Owc2nQEACAAJ&pg=PA8 pp. 8–9
Zero to One (2014)

“One part of the dreams of the eighteenth century intellectuals was realized: the resources of nature did yield a magnificent harvest. But the thinkers who helped to tap these resources… failed to attend, detained in their studies and laboratories, lost in their dreams and calculations, seeking new fields, co-ordinating old and new, spinning abstract theories… the thinkers were unequal to the task of developing these vast resources, most of which they had themselves uncovered. The shrewd declassés, who had… the world to gain, pioneered this development and took possession of the earth.”

Tobias Dantzig (1884–1956) American mathematician

Henri Poincaré, Critic of Crisis: Reflections on His Universe of Discourse (1954), Ch. 2. The Age of Innocence

“It is much easier to put existing resources to better use, than to develop resources where they do not exist.”

George Soros (1930) Hungarian-American business magnate, investor, and philanthropist

“The natural resource curse is not fate; it is choice. The exploitation of natural resources is an important part of globalization today, and in some ways the failures of the resource-rich developing countries are emblematic of globalization's failures.”

Help us to complete the source, original and additional information

Joseph E. Stiglitz39

Related quotes

Related topics