Country Quote by Raghuram Rajan
“The U.S. should worry about the effects of its polices on the rest of the world. We would like to live in a world where countries take into account the effect of their policies on other countries and do what is right, broadly, rather than what is just right given the circumstances of that country.”
About This Quote
Source Speech: World Economic Forum, 2015
Countries should consider global impact of policies, aiming for broadly right actions rather than narrowly justified ones.
In simple terms: Policy should think globally, not just locally.
Key Takeaway
Prioritize worldwide effects in policy.
Themes
global responsibility
policy
ethics
interdependence
Mood
concerned
optimistic
Type
political
ethical
When to use this quote
- climate agreements
- trade negotiations
- foreign aid
- multinational regulation
Key Concepts
sustainability
justice
international relations
economic stability
Questions to Reflect On
- What mechanisms ensure policies account for global impact?
- How to reconcile national sovereignty with global responsibility?
A Different Perspective
Balancing national interests with global good can be politically difficult.
![“That country [Carthage] was rapidly sinking into the state of barbarism from whence it had been raised by the Phoenician colonies and Roman laws; and every step of intestine discord was marked by some deplorable victory of savage man over civilized society.” quote by Edward Gibbon](https://sms4smile.com/quotes/img-quotes/70c/edward-gibbon-710_barbarism_that-country-carthage-was-rapidly-sinkin_393.jpg)
