Robert Broadfoot
Robert Broadfoot
corruption costs country hurts lost major money opportunity paid people rules taken terms trust written
It's not what corruption costs in terms of bribes paid or money taken out of the country. It is really the opportunity cost that hurts the country the most in terms of lost infrastructure and investment. Many of our clients, major international companies, just won't come into the country because they do not trust the rules of the game. That's the real cost. Some people have just written the place off.
bargain call companies define expensive extremely five kong role tokyo wait
If you think Hong Kong's expensive today, wait 'til you see it five years from now. We'll call Tokyo Macy's bargain basement. It is going to be an extremely expensive city. The pressure's going to be on companies always to define what value-added role does Hong Kong have.
whatever word
Whatever they achieve, the word that's going to be used will be cooperation, coordination.