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Avoided Quote by Manmohan Singh

“Protectionism has to be avoided. Protectionism is not only on goods but also in the area of services. Financial protectionism is also bad and should be avoided.” quote by Manmohan Singh
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“Protectionism has to be avoided. Protectionism is not only on goods but also in the area of services. Financial protectionism is also bad and should be avoided.”

Manmohan Singh

About This Quote

Source Speech: Economic policy address, date unknown

Protectionism harms trade and services; open markets foster growth.

In simple terms: Protectionism hurts economies.

Key Takeaway

Support free trade and open markets.

Themes

economics trade policy services globalization

Mood

analytical cautious

Type

policy economic

When to use this quote

  • government regulation
  • strategic industry protection

Key Concepts

market openness economic efficiency consumer choice

Questions to Reflect On

  • What are the risks of unrestricted trade?
  • How can services be protected without harming competition?
A Different Perspective

May ignore short‑term domestic industry concerns.

4.0 out of 5 (4 ratings)

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