If The Economy Is Growing

Protectionism Is A Very Real Danger. It Is Understandable That In Times Of A Severe Downturn Protectionist Pressures Mount But The Lessons Of History Are Clear. If We Give In To Protectionist Pressures, We Will Only Send The World Into A Downward Spiral.

As The Largest And Most Developed Democracies Of Asia (india And Japan), We Have A Mutual Stake In Each Other's Progress And Prosperity.

Let Me Say That I Think The Economic History Of The Last 150 Years Clearly Shows That If You Want To Industrialize A Country In A Short Period, Let Us Say 20 Years, And You Don't Have A Well-developed Private Sector, Entrepreneurial Class, Then Central Planning Is Important.

I Believe All Societies, All Thriving Societies Of The Future Are Going To Be Multicultural Societies.

India's Future Lies In Being An Open Society, An Open Polity, A Functioning Democracy Respecting All Fundamental Human Freedoms, Accepting The Rule Of Law And, At The Same Time, To Emerge As A Successful, Internationally Competitive Market Economy.