Democracy Is Good For Everybody.

Because The Chinese Insistence On One Child, I Think The Proportion Of Older, Non-working Age Population Is Going To Rise Sharply In China.

The Indian Economy Grew At 5.5 Percent, But If You Look At The Last 30 Years - For Example, 1960 To 1985 - The Progress Made By East Asian Countries Was Phenomenal. In A Single Generation They Had Been Able To Transform The Character Of Their Economy. They Were Able To Get Rid Of Chronic Poverty.

If You Don't Have A Functioning Financial System The World Economy Won't Be Revived. All The Major Economies Have Their Responsibility To Assist At A Pace Which Is Required To Clean Up The Balance Sheet Of The Banking System And To Ensure That Credit Flows Are Resumed.

We Need Multiculturalism, Respect For Diversity, Tolerance, Respect For Diverse Faiths.

When I Became Finance Minister In 1991, I Discovered That The Wealth Tax Rates Income - There Was Taxation On Wealth. It Was So Atrocious And So High That Actually Nobody Could Accumulate Money In An Honest Way. I Removed That Tax, And The Result Was That Indian Companies For The First Time Acquired An Incentive To Grow Big, To Grow Rich.