Fear of foreign domination in India led the...... Quote by "Peter Blair Henry"

Fear of foreign domination in India led the Janata Party, in the 1970s, to push for partial Indian ownership of all multinational firms within the country. The result was a spectacular pullback, by companies such as IBM and Coca-Cola, and a stagnant economy.
— Peter Blair Henry

Tags: country, push, result, fear

Other Quotes by "Peter Blair Henry"

A government decision that slashes spending at the wrong time and sends a weak economy into a tailspin can be just as undisciplined as one that unleashes a wasteful spending spree in an overheated environment.
— Peter Blair Henry

Tags: wrong, decision, government, time

Just as an individual's ability to delay gratification at a young age is a powerful predictor of future academic and professional achievement, discipline is also central to the long-run economic health of nations.
— Peter Blair Henry

Tags: age, future, health, achievement

It's probably indicative that I was destined for an academic career that I'm 6-5 and I lost the slam-dunk championship to somebody 5-8. I was a lot better at math.
— Peter Blair Henry

Tags: somebody, career, lost, better

I think my wife would take objection to any characterization of me as perfect.
— Peter Blair Henry

Tags: perfect, think, wife, me

Good economic policy requires not so much the bravado to implement drastic change as the strength and wisdom to make reasonable trade-offs over the many years it takes to transform a country's standard of living.
— Peter Blair Henry

Tags: change, good, wisdom, strength