A publication of the Asian Development Bank No. 4     August 2009
Special Report •
Features •
Roundup •
From the Field •
Asia by Numbers •
On the Record •
Must Read Books •
Other Development Asia Issues •
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On the Record

“I will not pretend that the bad times are over.”

US President Barack Obama
Speaking to reporters about the bankruptcy of General Motors in June

“Too many models of development have assumed that living conditions and health status would somehow automatically improve as countries modernized, liberalized their trade, and improved their economies. This did not happen. In fact, some would argue that the rise of chronic diseases is an indication that a country has successfully liberalized its trade and modernized its economy.”

Margaret Chan
Director-General of the World Health Organization, in April

“For the first time in history, you could actually lose countries off the face of the globe.”

Stuart Beck
Permanent Representative for Palau at the United Nations, in May regarding the dangers posed to island nations by climate change and rising sea levels

“Donorland is not Disneyland.... Donors are willing to put more money on the table... but more money means that parliaments—and taxpayers in general—have become more and more interested in seeing tangible results.”

Koos Richelle
Director General of the EuropeAid Co-operation Office in April

“I am known as ‘Invisible Man.’ I am troubled. How much visible is invisible and how much invisible is visible? You have not seen me closely... I have not been dealing only in private diplomacy. Most of my diplomacy has been on the record, publicly.”

Ban Ki-moon
UN Secretary General in an interview with the Wall Street Journal in June

“What’s the alternative to optimism? Unless we act as if we can sort this out, you might as well just get a hat and some suntan lotion and write a letter of apology to your grandchildren. The only way we can think of going forward is to try to make the best of a bad starting point.”

Lord Nicholas Stern
Former Chief Economist of the World Bank, and author of the Stern Review on the Economics of Climate Change, in a lecture in April

“I believe the current recovery has been confirmed and can be sustained.”

Fan Gang
Renowned economist and advisor to the Central Bank of the People’s Republic of China, speaking recently regarding the country’s economic recovery