Lawrence Summers

Lawrence Summers
Lawrence Henry "Larry" Summersis an American economist who is President Emeritus and Charles W. Eliot University Professor of Harvard University...
NationalityAmerican
ProfessionPolitician
Date of Birth30 November 1954
CountryUnited States of America
country responsibility important
it's important to remember how fortunate we are as a country to have a currency and a bond market that is seen in every way as a source of strength and it's a huge responsibility for us to keep it that way.
country commitment korea
Where countries have been able to carry through on their reform commitments -- as in Korea, Thailand and the Philippines -- results are starting to come in the form of lower interest rates, new investment and increased growth.
country dirty thinking
Just between you and me, shouldn't the World Bank be encouraging more migration of the dirty industries to the LDCs (lesser developed countries)? I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that.... I've always thought that underpopulated countries in Africa are vastly under polluted; their air quality is vastly inefficiently low compared to Los Angeles or Mexico City.
country between-you-and-me
I have always thought that underpopulated countries in Africa are vastly underpolluted.
country thinking toxic-waste
I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to it.
country war recovery
The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness.
analyze avoid best countries create might past room situation
These developments create a situation where I think there is more room than there might have been in the past to sit back and analyze what it is that happened, and think best about how in all of our countries we can avoid a recurrence of such problems,
families imperative national personal raising savings
Raising personal savings is an imperative for American families and an imperative for the national economy,
depends future people relations shape success
The success of the India-US relations depends on connections in other fields. The experiences of young people will shape the future of the India-US relations.
account budget current deficits demand economy economy-and-economics forward global source unbalanced
U.S. budget and current account deficits are very important contributors to an unbalanced global economy, while the U.S. deficit has been a source of demand that has propelled the global economy forward for some years now.
build confidence create foundation indonesia prosperity strong
to take strong steps... to create confidence and to build on the very strong foundation for prosperity that Indonesia enjoys.
advantage bank granted powers president rating
The president has set a principle: No bank with an unsatisfactory CRA rating could take advantage of any of the powers granted by this deregulation,
budget certainly clear forward measure measures medicare paying president progress risk security sign social steps
The president has made it very clear that he will not sign any budget measure that doesn't put Social Security and Medicare first, that doesn't take those steps forward (and) certainly any measures that would put at risk the progress we've made in paying down the debt,
adjustment balanced believe countries expansion exports global increased needs public rather reduced
We believe the global expansion needs to be balanced up, not balanced down, ... An adjustment should take place in our countries through increased public savings. Internationally, there needs to be an adjustment through an increase in exports rather than reduced imports.