Quotations
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Alan Greenspan Quotes
«The addition of the Chinese economy to the global marketplace will result in a more efficient worldwide allocation of resources and will raise standards of living in China and its trading partners,»
Author: Alan Greenspan
«As China's citizens experience economic gains, so will the American firms that trade in their expanding markets,»
Author: Alan Greenspan
«Further development of China's trading relationships with the United States and other industrial countries will work to strengthen the rule of law within China and to firm its commitment to economic reform,»
Author: Alan Greenspan
«China's progress towards prosperity and accession into the WTO will create new opportunities for American businesses and farmers,»
Author: Alan Greenspan
«The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses, ... With the rapid adoption of information technology, the share of output that is conceptual rather than physical continues to grow.»
Author: Alan Greenspan
«The rates of return on investment in the same new technologies are correspondingly less in Europe and Japan because businesses there face higher costs of displacing workers than we do, ... Moreover, because our costs of dismissing workers are lower, the potential costs of hiring and the risks associated with expanding employment are less.»
Author: Alan Greenspan
«It is much too soon to conclude that these concerns are behind us, ... We cannot yet be sure that the slower expansion of domestic final demand, at a pace more in line with potential supply, will persist.»
Author: Alan Greenspan
«Demand may be moving closer into line with the rate of advance in the economy's potential, given our continued impressive productivity growth, ... Should this favorable outcome prevail, the immediate threat to our prosperity from growing imbalances in our economy would abate.»
Author: Alan Greenspan
«So long as foreigners continue to seek ever-increasing quantities of dollar investments in their portfolios, as they obviously have been, the exchange rate for the dollar will remain firm,»
Author: Alan Greenspan
«There's an awful lot of information»
Author: Alan Greenspan