Abdullah II of Jordan Quotes
Government cannot substitute for a healthy private sector, and both need a strong civil society.
Abdullah II, King of Jordan, “The Road to Reform,” Foreign Policy, November/December 2004
Sourced by: Eigen's Political and Historical Quotations
He was arguing for investments in third world countries.
This is a very interesting quotation in that right wing parties are usually opposed to any kind of Government ownership and control of business and industry. However, Fascist parties have usually wanted to commandeer business and industry for the central purposes of the dictatorial state. The French National Front Party had its roots in the WWII French Vichy Government—which was allied with the Nazis to bring Fascism and racism to France.
Many corporate executives were claiming that they were not investing in growth and jobs because they were uncertain about the future tax rates or regulatory environment with which they would be coping. But with elections coming up, there has never been such certainty, and much of the best growth in American business was in the Clinton administration where these policies were under constant debate. Immelt identified the real problem: Demand for products and services was very weak.
Abdullah II bin Al-Hussein is King of Jordan, reigning since 7 February 1999. As a member of the Hashemite dynasty, the royal family of Jordan since 1921, he is a 41st-generation direct descendant of Muhammad.