Nowadays most economists think that in a world of highly mobile capital, countries have two options.
And given that we are talking about foreign investment in them we are also, by definition, talking about highly mobile capital.
It would, however, be pretty foolish for South-East Asian economies to return to fixed rates in today's world of highly mobile capital.
In a world with highly mobile capital, tax policy needs to be neutral toward different forms of business activity and not succumb to the temptation to pick winners and losers.
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What made this regulation so bizarre, however, is that Congress specifically has exempted these account from taxation for the rather obvious reason that they want to attract this mobile capital to the American economy.
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Which - again depending on where you sit on the spectrum of enthusiasm for liberal markets - will either reinforce the global competitiveness of the UK economy, by showing that we are the most welcoming home for mobile investment capital, or will erode our ability to determine our economic future.
Margin upside from lower ASP declines, increased mix of mobile devices and recent capital investments.
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Meantime, wealth taxes are to be imposed or reimposed in various countries, despite evidence that capital is mobile.
The report gave warning, however, that to prevent large trade imbalances, reforms would be needed to make prices and wages more flexible and workers and capital more mobile.
As if to demonstrate that capital is mobile, Mr Mobius has no permanent residence in the conventional sense (he owns flats in Germany, Singapore and elsewhere mainly for investment purposes).
These pro-growth reforms are the result of tax competition, or the pressure to adopt competitive economic policies that is put on governments by an increasingly globalized society where both labor and capital are mobile.
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You must tear down and re-create your company--or at least your e-commerce division--to ride what the Internet surf has brought in: oceans of risk capital, highly mobile talent pools, tiny markets that could scale and explode, marginless growth, big hairy bets on the future.
Obviously, the New Zealander who has staked his net worth on the future of the emerging economies is talking his book, but given the burgeoning debt in Greece, the United Kingdom and other European countries, Jennings may have a point when he says that as capital becomes more mobile it will look for the less obvious investment opportunities like Africa.
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As capital becomes ever more mobile, transfers from its owners to workers do become harder to achieve.
The carrier has also been losing cash due to a sustained high level of capital investment on its mobile network.
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It never works because people, investment capital and businesses are mobile: They can leave tax-unfriendly states and move to tax-friendly states.
Capital would be more mobile and flexible as there would not be a penalty in moving it from one investment to another.
After a court hearing in the capital Tashkent, the Russian mobile phone company MTS said it would appeal against the decision.
Visions of video conferencing on mobile phones danced through executives' heads when capital markets were still frothy in early 2000.
The essential problem facing the high-tax countries is this: In a competitive world where capital and human talent are increasingly mobile, both will tend to move where aftertax returns are highest.
Here are the top five, randomly selected, except for NetQin Mobile, which was a favorite of PNC Capital Advisors managing director Martin Schulz in Cleveland, and Jonathan Brodsky, a fund manager at Chicago-based Advisory Research Inc.
Katherine Barr is a Partner at Mohr Davidow Ventures, a venture capital firm investing in digital media, mobile and e-commerce startups.
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The ability of DT to revitalize its US subsidiary with a new infusion of cash and capital spending seems remote now that European mobile market teeters on the edge of a decisive downturn.
That would mean taxing capital and labour differently, according to how mobile each is.
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Rohan thinks the pending Motorola Mobility acquisition could distract senior management, while failing to protect Android and leading Google into the intensely competitive mobile phone hardware business, and keeping Google from returning capital to holders.
T-Mobile's not skimping on the big announcements at its Capital Market Days conference: it's now declared that it plans to move entirely to its Value Plans in 2013.
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While human capital is less easily taxed (for its effectively being mobile), a house cannot move--and tax collectors love it when they can easily see what we own.
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