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"Thanks God the world is not run by economist and politician by" Pascal Lamy

I enjoy some jokes quotes, so this article carried the title of which says: "Thank God that the world is run by politicians and not by economists. ... In the face of various Tremonti

" Pascal Lamy, Director General of the World Trade Organisation (WTO ) said a few months ago, during an international meeting of economists gathered to discuss "Trade, jobs and innovation," noted that a change of attitude in business by holding a defensive position from the outset of the crisis to a more receptive attitude. He said just the fact that continuous trading system has mitigated the effects of the crisis as global growth has continued to be supported by trade with developed nations.

E 'know that until there are people who produce, sellers and buyers, international and national economies can avoid collapse even in times of financial crises. The phrase used here in the title, but refers to a position very clear: "The developing nations should continue to grow and so we must open our markets," he says bluntly, despite the differences with the United States, United Europe and Japan, where growth stagnated but remain weak.

At this point the moderator of the conference Soumatra Dutta, Dean of Foreign Relations' INSEAD, France, called for governments to share the proposals for global economic stimulus But the World Trade Organization meeting in Doha, have not achieved the same results as proactive. Pascal Lamy said that the world is not ruled by economists, but by politicians, "the problem is found in domestic policies, domestic."

Faced with another question from the audience come to the aid, Lamy said: "Since 2005, increased by 10% and a benefit in aid is used to improve trade, for example in improving transport infrastructure of the market and revived the flow of goods ". About trade and innovation, Pascal Lamy said that trade is a method for transmitting innovation and progress, as he acknowledged that it is a mistake to consider that the most liberal trade regimes lead immediately visible benefits. "

Adapted from OECD Observer, which reports what happened at the international conference devoted to work and innovation, held in Paris on 26, 27 and 28 May 2010