Monday, November 24, 2008

The West's Fake Concern

Rajiv Dogra writes in the Pioneer about how the West may be maneuvering to put the squeeze on emerging economies to dampen their competitiveness:
But the real punch is in the tail of the document. The final paragraph says: “Advanced economies, the IMF, and other international organisations should provide capacity-building programmes for emerging market economies and developing countries on the formulation and the implementation of new major regulations, consistent with international standards.”
This is something we should be vigilant against. These guys don't want to fight fair, and always want to keep the playing field and the game rigged in their favour.
(Btw, I'm grateful that the Pioneer has upgraded their site, and now permanently retains their articles for longterm reference.)

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