While the direct economic costs of corruption are well known, the indirect costs may be even more substantial and debilitating, leading to low growth and greater income inequality.
Christine Lagarde
IMF Managing Director
On the need for curbing corruption
Source: IMF
As an emerging market central bank regulator, I see that foreign banks have stopped opening branches because our credit rating is BAA, which implies higher risk... banks who are asked to put in money in India feel it is not worth it, because they have to set aside a lot more capital.
Raghuram Rajan
RBI Governor
In a lecture at Cambridge University
Source: PTI
I think people should be honest about it and say they don’t want to see these things happen, rather than actually finding total red herrings for getting in the way of what could add tens of billions of pounds to our economy and bring jobs and investment to our country.
David Cameroon
British Prime Minister
Advocating for the Transatlantic Trade and Investment Partnership (TTIP)
Source: The Guardian
It is better to compromise on wine and cheese and on large vehicles to push for our apparel exports with Europe so that we can penetrate these global markets because this is one sector which will enable us to create large-scale jobs.
Amitabh Kant
CEO, Niti Ayog
On why India needs to seal an FTA with the European Union
Source : PTI
I think when we meet in the monsoon session, it is time we reconsider our positions. We want all parties to be on board. But if not please allow parliamentary process of decision-making by debate and voting to take place.
Arun Jaitley
Finance minister of India
Replying to a debate on the finance bill in the Rajya Sabha
Source: Rajya Sabha TV
The world has changed. The rules are changing with it. The United States, not countries like China, should write them. Let’s seize this opportunity, pass the Trans-Pacific Partnership and make sure America isn’t holding the bag, but holding the pen.
Barack Obama
President of the united states of america on the trans-pacific partnership (TPP)
Source: The Washington Post
