1991 Economic Reforms Quotes

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The real improvements then must come, to a considerable extent, from the local communities themselves. We need local revision of our methods of land use and production. We need to study and work together to reduce scale, reduce overhead, reduce industrial dependencies; we need to market and process local products locally; we need to bring local economies into harmony with local ecosystems so that we can live and work with pleasure in the same places indefinitely; we need to substitute ourselves, our neighborhoods, our local resources, for expensive imported goods and services; we need to increase cooperation among all local economic entities: households, farms, factories, banks, consumers, and suppliers. If. we are serious about reducing government and the burdens of government, then we need to do so by returning economic self-determination to the people. And we must not do this by inviting destructive industries to provide "jobs" to the community; we must do it by fostering economic democracy. For example, as much as possible the food that is consumed locally ought to be locally produced on small farms, and then processed in small, non- polluting plants that are locally owned. We must do everything possible to provide to ordinary citizens the opportunity to own a small, usable share of the country. In that way, we will put local capital to work locally, not to exploit and destroy the land but to use it well. This is not work just for the privileged, the well-positioned, the wealthy, and the powerful. It is work for everybody. I acknowledge that to advocate such reforms is to advocate a kind of secession-not a secession of armed violence but a quiet secession by which people find the practical means and the strength of spirit to remove themselves from an economy that is exploiting and destroying their homeland. The great, greedy, indifferent national and international economy is killing rural America, just as it is killing America's cities--it is killing our country. Experience has shown that there is no use in appealing to this economy for mercy toward the earth or toward any human community. All true patriots must find ways of opposing it. --1991
Wendell Berry (Sex, Economy, Freedom, and Community: Eight Essays)
The Ukrainian scene remained as pluralistic at the turn of the twenty-first century as it had been after the declaration of independence. If anything, it became even more diverse. Eventually, all political forces had to accept the reality that Russian political solutions generally did not work in Ukraine. President Kuchma explained why in a book published in 2003, close to the end of his second term in office. The title was telling indeed: Ukraine Is Not Russia. THE MAJOR CHALLENGE to the democratic nature of the Ukrainian political process was the catastrophic economic decline that followed the declaration of independence and was often blamed on it, making not only the Leonid Brezhnev era but also the period of Mikhail Gorbachev’s reforms look like a paradise lost. In six years, between 1991 and 1997, Ukrainian industrial production fell by 48 percent, while the gross domestic product (GDP) lost a staggering 60 percent. The biggest loss (23 percent of the previous year’s GDP) occurred in 1994, the year of presidential elections and the signing of the first cooperation agreement with the European Union. These were figures comparable to but more significant than American economic losses during the Great Depression, when industrial production fell by 45 percent and GDP by 30 percent.
Serhii Plokhy (The Gates of Europe: A History of Ukraine)
it is useful to make a few observations concerning the nature of institutionalism in its early years. Two related characteristics stand out. The first of these is a shared notion of science as involving some form of empirical “realism,” and the second is a view of economic and social arrangements or institutions as in need of significant reform. In Dorothy Ross’s words, “what fuelled the institutionalist ambition was an overflow of realism and new liberal idealism that could not be contained by neoclassical practice” (Ross 1991, p. 411; Rutherford 1997
Malcolm Rutherford (The Institutionalist Movement in American Economics, 1918–1947: Science and Social Control (Historical Perspectives on Modern Economics))