September 2002, Op-Ed Venezuela: “The riskiness of country risk: What a nightmare it must be to be a sovereign risk evaluator! If they underestimate the risk of a given country, it will most assuredly be inundated with fresh loans and leveraged to the hilt. If on the contrary, they exaggerate the country’s risk level, it can only result in making access to international financial markets more difficult and expensive. Any mistake will turn out to a self-fulfilling prophecy. Any which way, either extreme will cause hunger and human misery.”
April 2003, commenting on the World Bank's Strategic Framework 04-06 "A mixture of thousand solutions, many of them inadequate, may lead to a flexible world that can bend with the storms. A world obsessed with Best Practices may calcify its structure and break with any small wind."