Arthur Lewis quotes

Arthur Lewis was a Saint Lucian economist renowned for his groundbreaking work on development economics. His dual sector model transformed how economists understand the transition from traditional to modern economies. He became the first black person to receive a Nobel Prize in Economics for his contributions. Here are 5 of his quotes:

Two conditions of self-sustaining growth are that a country has acquired a cadre of domestic entrepreneurs and administrators and, secondly, that it has attained to adequate savings and taxable capacity.

Arthur Lewis

We need no elaborate statistical proof that trade depends on prosperity in the industrial countries.

Arthur Lewis

The strength of the scientific establishment in any country is related to its general level of education, not only in supplying large numbers of eager minds for further training, but also in ensuring a public opinion that holds science in esteem and approves financial support.

Arthur Lewis

When the developed grow fast, the developing grow fast, and when the developed slow down, the developing slow down.

Arthur Lewis