While global interconnections are a major factor in gauging the effects of our policies, they do not circumscribe our ability to set our own course.
But the variety of international experience and our own past remind us that our resilience has been hard won; that, even now, not all countries are ready to benefit from financial globalization; and that we should be supportive of other countries as they take actions to safeguard their own economic and financial stability. A stable world is something from which we can all benefit.