We believe that unilateral sanctions violate international law, in fact. They violate free trade. They violate human growth and development, human development, and that when you actually sanction a bank of a country, the meaning of it is quite clear. You're sanctioning medicine for the people.
Countries with higher incomes on average achieve better human development. I do not believe that growth alone will 'cure' poverty. But I do believe that growth is necessary.
Why did human development proceed at such different rates on different continents for the last 13,000 years?
Getting to Valle Nevado is half the fun. A serpentine road from Santiago wriggles up the spine of Andean peak for an hour, then traverses a valley and finally up again. The hotel is perched on a rugged mountain crag at 3,000m: no other sign of human development is visible from this spot, which is close to the Argentinean border.
Economic growth and human development need to go hand in hand. Human values need to be advocated vigorously.
Biology is far from understanding exactly how a single cell develops into a baby, but research suggests that human development can ultimately be explained in terms of biochemistry and molecular biology. Most scientists would make a similar statement about evolution.
You have to connect your work to what people are doing. A good way is to construct a bridge between theory and practice - Amartya Sen and I tried this by founding the Human Development and Capabilities Association where practitioners meet theoreticians and their discourse influences practice.
I am personally a big believer that technology is the biggest driver of human development, and if you can use technology to benefit people, then that's the best business you can have.
Mobile internet will be the single-most defining technology of this century for human development.
The creation of NIT has ensured some seats for admission in undergraduate courses for students of Arunachal Pradesh, which will bound to uplift economics of locality directly or indirectly and help in enhancing human development index in the state.
