Other powers will continue to enjoy an equal right to trade in and develop the natural resources of the occupied territory, for the economic development of which the investment of foreign capital is very desirable.
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Quoted in "British Relations with China" - Page 138 - by Irving Sigmund Friedman - History - 1940Koki Hirota
The importance of international trade for economic development cannot be overemphasized. But free trade is not the best path to economic development. Trade helps economic development only when the country employs a mixture of protection and open trade, constantly adjusting it according to its changing needs and capabilities. Trade is simply too important for economic development to be left to free trade economists.
Ha-Joon Chang
Hundreds of millions in capital has been invested to develop our resources. Let me repeat: American capital, English capital, French capital: Welcome!
Maurice Duplessis
They, economics and evolution, are both examples of a larger process, which has been at work in this part of the universe for a very long time. This is the process of the development of structures of increasing complexity and improbability. The evolutionary process always operates through mutation and selection and has involved some distinction between the genotype which mutates and the phenotype which is selected. The process by which the genotype constructs the phenotype may be described as "organization". Economic development manifesto itself largely in the production of commodities, that is, goods and services. It originates, however, in ideas, plans, and attitudes in the human mind. These are the genotypes in economic development. This whole process indeed can be described as a process in the growth of knowledge. What the economist calls "capital" is nothing more than human knowledge imposed on the material world. Knowledge and the growth of knowledge, therefore, is the essential key to economic development. Investment, financial systems and economic organizations and institutions are in a sense only the machinery by which a knowledge process is created and expressed.
Kenneth Boulding
The intention of the US found its feature through a clear formulation in the Agreement for the IBRD. The “purposes of the Bank” were defined as follows: “To promote private foreign investment by means of guarantees or participations in loans and other investments made by private investors; and when private capital is not available on reasonable terms, to supplement private investments by providing, on suitable conditions, finance for productive purposes out of its own capital, funds raised by it and its other resources”.
Nico Perrone
...when the empire dissolved...the people of Britain suffered from a kind of vertigo: they could not believe that they were standing upright, and reached out for something to clutch. It seemed axiomatic that economically, as well as politically, they must be part of something bigger, though the deduction was as unfounded as the premise. So some cried: 'Revive the Commonwealth'. And others cried: 'Let's go in with America into a North Atlantic Free Trade Area'. Yet others again cried: 'We have to go into Europe: there's no real alternative'. In a sense they were right: there is no alternative grouping. In a more important sense they were wrong: there is no need for joining anything. A Britain which is ready to exchange goods, services and capital as freely as it can with the rest of the world is neither isolated nor isolationist. It is not, in the sneering phrases of Chamberlain's day, 'Little England'...The Community is not a free trade area, which is what Britain, with a correct instinct, tried vainly to convert it into, or combine it into, in 1957-60. For long afterwards indeed many Britons continued to cherish the delusion that it really was a glorified free trade area and would turn out to be nothing more. On the contrary the Community is, what its name declares, a prospective economic unit. But an economic unit is not defined by economics – there are no natural economic units – it is defined by politics. What we call an economic unit is really a political unit viewed in its economic aspect: the unit is political.
Enoch Powell
Hirota, Koki
Hirsch, Alan
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