A Quote by Raghuram Rajan
As a country that does not belong to any power bloc, India cannot afford to put itself in the position of needing multilateral support - a trap into which even developed countries, like Portugal and Spain, have fallen.
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The commerce of India does not grow, nor does that of Portugal, or of Turkey; that but that of the protected countries does increase, as has been shown in the case of Spain, and can now be shown in that of Germany.
What does nonalignment mean? It means we don't belong to any military bloc and that we reserve the right to be friends with any country, independently of the influence of any country. All this has remained unchanged after the signing of the Indo-Soviet treaty, and others can say or think what they like - our policy won't change because of the Soviet Union.
Greece, alone, is in a very vulnerable position. If the Greeks had had support from progressive left and popular forces elsewhere in Europe they might have been able to resist the demands of the Troika, but they had almost no support. Not even from Portugal, Spain, or other left forces. They were left alone.
First of all, Greece won't go down. We're talking about a country that is capable of making change. Europe will not allow the destabilization of the 27-country euro zone. But if there were no action, then markets would start becoming jittery about other countries - and not only Spain and Portugal, but other countries in the European Union.
WTO is the only multilateral system in which developed and developing countries sit together at par.
The inflow of capital from the developed countries is the prerequisite for the establishment of economic dependence. This inflow takes various forms: loans granted on onerous terms; investments that place a given country in the power of the investors; almost total technological subordination of the dependent country to the developed country; control of a country's foreign trade by the big international monopolies; and in extreme cases, the use of force as an economic weapon in support of the other forms of exploitation.
I believe we should try to move away from the vocabulary and attitudes which shape the stereotyping of developed and developing country approaches to human rights issues. We are collective custodians of universal human rights standards, and any sense that we fall into camps of "accuser" and "accused" is absolutely corrosive of our joint purposes. The reality is that no group of countries has any grounds for complacency about its own human rights performance and no group of countries does itself justice by automatically slipping into the "victim" mode.
When a religion is good, I conceive it will support itself; and when it does not support itself, and God does not take care to support it so that its professors are obliged to call for help of the civil power, 'tis a sign, I apprehend, of its being a bad one.
India does not need to become anything else. India must become only India. This is a country that once upon a time was called 'the golden bird'. We have fallen from where we were before. But now we have the chance to rise again. If you see the details of the last five or ten centuries, you will see that India and China have grown at similar paces. Their contributions to global GDP have risen in parallel, and fallen in parallel. Today's era once again belongs to Asia. India and China are both growing rapidly, together. That is why India needs to remain India.
We must put together countries that produce drugs, countries that traffic, and countries that consume, and through this multilateral effort really stop the growing of crime.
The countries made themselves independent from Spain, but only changed owners, who stayed in positions of power were the criollos, the Spanish descendants who were the new administrators of power and wealth in the country. And those families for generations have maintained themselves in positions of power. Latin America founded itself on everyone being equal, but in reality we aren't.
We cannot say that everything developed in capitalist countries is of a capitalist nature. For instance, technology, science - even advanced production management is also a sort of science - will be useful in any society or country.
The truths which are represented in England and Western countries generally, are those which refer to force of character, earnestness of purpose, conscientious strictness, noble charity, practical duty, whilst the truths which I find peculiarly developed in India - developed to a greater extent than anywhere else, - and in the Eastern countries generally, are those which have reference to sweetness of communion, sweetness of temper, meekness and resignation unto God.
Greece is at a dangerous crossroads. Other countries-Portugal, Ireland, maybe Spain-are coming behind it.
In whatever country Jews have settled in any great number, they have lowered its moral tone; depreciated its commercial integrity; have segregated themselves and have not been assimilated; have sneered at and tried to undermine the Christian religion upon which that nation is founded, by objecting to its restrictions; have built up a state within the state; and when opposed have tried to strangle that country to death financially, as in the case of Spain and Portugal.
Public spending on infrastructure has fallen to its lowest level since 1947. And the U.S., which used to have the finest infrastructure in the world, is now ranked 16th according to the World Economic Forum, behind Iceland, Spain, Portugal and the United Arab Emirates.
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