A Quote by Carlos Mesa
The cost of pension reforms has been perhaps the biggest error committed in the process of modernizing Bolivia's economy.
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Agribusiness and food processing are important parts of modernizing our economy, of modernizing our agriculture and moving into a phase where a more modernized agriculture helps not only farmers but also helps consumers.
In 2006, I entered the presidential palace in the main square of La Paz as the first indigenous president of Bolivia. Our government, under the slogan 'Bolivia Changes,' is committed to ending the colonialism, racism and exclusion that many of our people lived under for many centuries.
Science advances by trial and error. When mistakes are made, the peer-review publication process usually roots them out. Cuccinelli's version of the scientific process would be "make an error and go to trial." Einstein did not arrive at E=mc2 in his first attempt. If he were working in the state of Virginia under Cuccinelli today, he could be jailed for his initial mistakes and perhaps never achieve that landmark equation.
We are for pension reform, jobs, the flat tax, and justice reforms.
This separation of government from people, this widening of the gap, took place so gradually and so insensibly, each step disguised (perhaps not even intentionally) as a temporary emergency measure or associated with true patriotic allegiance or with real social purposes. And all the crises and reforms (real reforms, too) so occupied the people that they did not see the slow motion underneath, of the whole process of government growing remoter and remoter.
In 2005, before I was president, the state of Bolivia had only $300 million from hydrocarbons. Last year, 2007, the Bolivian state - after the nationalization, after changing the law - Bolivia received $1,930 million. For a small country with nearly 10 million inhabitants, this allows us to increase the national economy.
China's economic transformation began with the introduction in the 1980s of market incentives in the agricultural sector. These reforms were followed by a gradual opening to the global economy, a process that accelerated in the early 1990s.
Failure's inevitable. It happens all the time in a complex economy. And how did the economy produce all these amazing things that we have around us, computers and cell phones and so on? Well, the process was trial and error. There were a bunch of ideas, and the good ones grew and prospered, and the bad ones were pretty ruthlessly weeded out.
Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we'll get from that is unbelievable.
It is incorrect to say there have been no reforms at all in Burma; there have of course been reforms, but we still need to do more for the people. To become a democratic society we have to continually be reforming.
Pension reforms, like investment advice and automatic enrollment, will strengthen the ability of Americans to save and invest for retirement.
Today, being the biggest developing countries in the world, China and India are both committed to developing their economy and raising their people's living standards.
Germany is the biggest economy of Europe and we need Germany on board for the economic reforms of Europe, including, of course, the deepening of the internal market, resisting protectionism, and supporting further economic policy coordination.
I think of evolution as an error-making and error-correcting process, and we are constantly learning from experience.
I can guarantee you this, that more pension and benefit reforms which I will consider arbitration reform to be one of them, are things that when they come to my desk, they will be signed.
There has been grave error. I do not mean so much error of doctrine as error of emphasis.
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