I believe democracy is the foundation of a healthy economy. Without genuine democracy you cannot have a genuine market economy. And, under the market… - Kim Dae-jung

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I believe democracy is the foundation of a healthy economy. Without genuine democracy you cannot have a genuine market economy. And, under the market economy, one must fully open doors to allow free trade and investment.

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About Kim Dae-jung

(6 January 1924 – 18 August 2009) was the 8th President of South Korea from 1998 to 2003, and the 2000 Nobel Peace Prize recipient.

Also Known As

Native Name: 金大中
Also Known As: DJ
Alternative Names: Kim Daecanq
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Additional quotes by Kim Dae-jung

So when the U.N. made a resolution and asked us to send troops to East Timor, we took this as a responsibility that we must take, and also this was to repay them for their favors. As for the secretary-general's statement that when there is a conflict between human rights and the sovereign right, that sometimes the human rights can override the sovereign right, I think in principle that is right, because before we had nations, we had God-given human rights.

In China and Korea, feudalism was brought down and replaced with counties and prefectures before the birth of Christ, and civil service exams to recruit government officials are a thousand years-old. The exercise of power by the king and high officials were monitored by robust systems of auditing. In sum, Asia was rich in the intellectual and institutional traditions that would provide fertile grounds for democracy. What Asia did not have was the organizations of representative democracy. The genius of the west was to create the organizations, a remarkable accomplishment that has greatly advanced the history of humankind.

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