Greg Mastel
Greg Mastel
domain elite few finance general leaders message policy relevant seattle small
For so many years, international finance has been the domain of a very small elite in a few countries. The message the G-8 leaders got from Seattle is that they need to make their policy discussions more relevant to the general public.
barriers countries drop likely offer taken time trade
It's an offer that will never be taken up. Other countries are not likely to drop their trade barriers any time soon.
brazil buy country dollars drops factory investment less likely people prone value worth
Say you buy a factory in Brazil. When Brazil devalues its currency, that factory's value in dollars drops dramatically so your investment is worth a lot less. People are less likely to invest in a country that's prone to devaluations,