The level of the global economy: Horst Köhler
“A
global economy needs global ethics, reflecting respect for human rights but
equally recognition of personal and social responsibility. No matter what
their religious convictions, people living together in local communities
have always recognized and responded to common moral principles. I am convinced
that a better world is possible, if we are willing to invest in better globalisation.
Recent corporate scandals should remind us that there must be more to a market
economy and entrepreneurship than profits alone. I share Professor Küng's
view that there can be no survival of the globe without a global ethic.”
Horst Köhler, Executive Director of the International Monetary Fund
(2000-2004)
Photo:
Horst Köhler as Director of the IMF
