Filter +

Globalization: The Promises and The Perils, U.S. and Asian Responses

Informatics Creative Commons photo-patchwork. (musha68000/Flickr)

Informatics Creative Commons photo-patchwork. (musha68000/Flickr)

While the emphasis in recent years has been very much on economic growth, it's now time I think for the US to lend its way to social investment as the foundation of all investment and as the best guarantor of strong societies and stable democratic government. I believe also that the US of course is the greatest beneficiary of the brain drain. I mean a large part - fifty percent - of all people that come to study here, for very good reason, elect to stay on in the United States and I think some of them are really the best brains.

Of course, that has been a mixed blessing because some of them of course, while they stay here, also return resources back to this and resources back to their own country. Some also take their expertise back and try to do something within their own countries. But the fact is that they have been lost to their countries of origin. I think just for that reason, the fact that they benefit from the brains, means also that they have a responsibility to give back to these communities something that they have gained from them. I think the US can also continue to exert its great influence in the international groupings on behalf of all the agreements and recommendations that have been reached at the international level in the conferences in conventions and treaties. Especially if it is to be a spokesman for the empowerment of all people, in particular women, the financial support is of course essential. But almost more importantly, is the moral leadership. I can demonstrate to you from our own field of work in the population field when the US really takes a leadership role, for example, immobilizing resources, in promoting certain sectors or issues that need to be addressed, it does make a difference.

As some of you may know, the international conference on population and development is the only conference that really agreed on a financial set of goals that should be reached by certain periods of time, both for the developed countries and for the developing countries. This was done really under the leadership of the United States, which, in fact, talked to all its partners in the European Union, in Japan, and got commitments from each one of these countries to increase support to the financial goals that needed to be reached. The US, because of its unique position, has a unique role that it must play. It's more than financial leadership, it's also moral leadership.

Europe and Japan look to the US for indications of commitment. For example, it called by the US for greater emphasis on social investment, and will, I think, resonate throughout the world and it will have its effect even on the poor woman at the village. It could help bring all these poor people into the 21st Century.

Thank you.