In an interview for Newsnight, he added that "independence was not a disaster" and "could be the road towards prosperity and a good society".
To stretch Mr Rogoff's metaphor, the rope East Asia extends to America is not a noose but a tow-line, which will gradually pull Asian economies towards greater prosperity.
We do indeed have a very long road to travel, but change is brewing and it is up to capital market players to chart the path towards a sustainable prosperity, one in which we build an economy within the limits of nature.
America has long depended on a robust and reliable transportation network to support our drive towards lasting security and prosperity.
And just as we deepen the partnership between our two nations, I am looking forward to the progress that we can make as a region towards greater security and prosperity for all of us.
It is a first step towards personal freedom and broader prosperity.
Moving forward, we will continue to work with our ISAF partners as well as the Afghan government, however this election turns out, to ensure that we can move the Afghan -- that we can move Afghanistan towards peace and security and prosperity and that the will of the Afghan people is ultimately done.
WHITEHOUSE: President Obama and Iraqi PM Nuri al-Maliki Address the Press | The White House
While recognizing the daunting scale of the challenge, the UNESCO report describes independence as unique opportunity to set South Sudan on a new trajectory towards more dynamic growth, shared prosperity and common security.
It sets out the future prosperity of the city and looks towards where to growth areas of the city should be, where the shopping should be, where employment goes to - and the thorny question of housing.
Smith believed that the same was applicable to a whole country, whose prosperity depended on frugality, economic freedom and disposition towards hard work.
FORBES: Kaiser's Postulate: Bringing Free Market Economics to South America
The Cardiff University report concludes that Objective One has not had a major impact on levels of prosperity in west Wales and the valleys, but may well have helped towards getting people back into the labour market.
Netanyahu's task is to maintain that support in the face of administration hostility, as he implements policies towards Iran and the Arabs alike that are necessary to ensure Israel's long-term survival and prosperity.
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