Thabo Mbeki Quotes


I must say also, that we are not talking just about foreign investors.


Citations

Mbeki, Thabo. State of the Nation Address of the President of South Africa. Government Communication and Information System, 2004.

Related Quotes

This is a tension that exists in almost every nation. Money invested abroad, may have substantial benefit to the individual investor, but very little to his country. In the worst case, American’s invest in building manufacturing facilities in foreign countries, which then use foreign labor to make products that are imported back to the United States. These investors have not only sent the capital made in America abroad, but also exported American jobs with it. Some countries have made laws limiting the export of capital but this rarely works. In America, this would be unconstitutional. The best a country can do is to be sure its productivity is competitive with the rest of the world. Also to provide the confidence that money invested in America is safe.


Benito Juarez Government. The United States initially supported the Mexican Republicans (as opposed to the French puppet Emperor Maximilian) with investments and loans (see {605684} ) as well as weapons smuggling. See {44430}.


Thabo Mbeki
Thabo Mbeki
  • Born: June 18, 1942
  • Nationality: South African
  • Profession: Economist

Thabo Mvuyelwa Mbeki is a South African politician who served as the second president of South Africa from 16 June 1999 to 24 September 2008. On 20 September 2008, with about nine months left in his second term, Mbeki announced his resignation after being recalled by the National Executive Committee of the ANC, following a conclusion by judge C. R. Nicholson of improper interference in the National Prosecuting Authority (NPA), including the prosecution of Jacob Zuma for corruption. On 12 January 2009, the Supreme Court of Appeal unanimously overturned judge Nicholson's judgement but the resignation stood.