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
support effort serious
We must recognise that in an integrated world, trade cannot be divorced from other concerns. We need to promote free trade and serious global efforts with respect to common problems even as we support every nation's right to chart its own course.
aptitude intrinsic issues proved
There are issues of intrinsic aptitude ... I would like nothing better than to be proved wrong.
century last time
There has not been a time in the last century where there has been so much misunderstanding of the US and so much misunderstanding by the US of the world,
alongside economic events fifth happening india industrial last people poor potential three
What is happening in India and China... The integration of the four-fifths of the world where people are poor with the one fifth of the world where people are rich, has the potential to be one of the three most important economic events in the last millennium, alongside the Renaissance and the Industrial Revolution.
action attempt careful certainly gathered oil pressures reflecting respect respond sector step
With respect to the action that was taken, it was certainly a constructive step reflecting a careful attempt to respond to pressures that had gathered in the oil sector over time,
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.
critical economic expansion government moment people plan strong time
The government has done its part, now it's time that people do their part, ... We have never, in our country, had a moment of economic expansion as strong as the present. So right now it is critical to plan for future.
economic greater promote successful
There can be no successful economic development without economic growth, ... There have never been greater technological opportunities to promote convergence than there are today.
liquid market pleased response
We have been pleased with the market response (to the 10-year indexed notes), ... A liquid market has developed.
chairman chance course economists expansion face massive nobel risky six tax time
If we can do those things, we have a chance to keep this expansion going. But this is not the time to take what (Federal Reserve) Chairman (Alan) Greenspan, what six Nobel prize-winning economists have said would be a very risky course with a massive tax cut. We're not going to let it happen, ... Face The Nation.
adequate china economy importance scale
China has to make a set of adequate commitments to liberalizing its economy -- commitments that are commensurate to the scale of its economy and to the importance of it in the world economy,
fully language until
Nothing is done until the language is fully reviewed,
behavior both element enters factors freely hoarding influence market medium oil question respect run seen short time trading
We've seen some indications that there may be some hoarding behavior, but there are many, many factors that influence oil prices, both with respect to the short run and over the medium term, ... But there's no question that -- as in any freely trading market -- there's a psychological element that enters in from time to time.