"I think the gains to be achieved by a combination of reforms and labor market adjustments are going to be more permanent and will provide a basis for reducing unemployment and improving export performance, and sustaining growth, in a way that is more sound and permanent"
- Lucas Papademos
About this Quote
This quote by Lucas Papademos suggests that a mix of reforms and labor market adjustments can be beneficial in reducing unemployment, improving export efficiency, and sustaining economic development. He thinks that these gains will be more long-term than other techniques, offering a more sound and trustworthy basis for economic growth. This indicates that reforms and labor market changes can be utilized to produce a more stable financial environment, which can help to decrease joblessness and improve export efficiency. Additionally, it suggests that these measures can be used to develop a more sustainable economic development, which can assist to make sure that the economy remains strong in the long-lasting.
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"I have just explained my idea of how a constructive period of reflection, one that would send a clear message to the citizens of Europe: You should now what our priorities are. For Germany this means: Unemployment is one of one of our biggest problems"
"Really, the potential for, first of all, any college graduate today is enormously good. These are good times for anyone with a college degree today, particularly African Americans. With a college degree today, you really breach the unemployment rate"
"The internal conditions in Iran are worsening in all aspects. Poverty and unemployment are becoming more severe, despite the fact that Iran has turned into a developed and industrialized country"
"We are a people trying not only to solve the problems of the present: unemployment, inflation... but we are attempting on a larger scale to fulfill the promise of America"
