In this way the fear of foreign capital may be a bigger economic danger than the foreign capital itself.
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The Saudi Government has less money and less need for landmark projects, some key industries - such as oil exploration and production - have been nationalised and the local workforce has developed to the point where the country needs foreign capital and expertise rather than foreign workers.
But fresh capital means foreign investment, and that will surely mean opening up.
Given the absence of capital and foreign investment, there is absolutely no chance that production will be raised in any meaningful way.
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The money is to come in the form of low-interest loans from state-owned banks, supplemented by capital from foreign investors and other sources.
Both banks hope to raise capital from foreign investors for the new units, in return for giving them a portion of their business in these distressed assets.
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By his estimate, dead capital exceeded foreign investment by 158:1.
The first is raising capital from foreign investors for cash-strapped Japanese firms. (For example, Japanese banks have issued lots of securities to bolster their depleted capital.) The second is the trickle of privatisations and new issues.
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India is financing its current-account deficit with volatile foreign fund inflows into the capital markets rather than foreign direct investment, which is a matter of concern, Mr. Subbarao said at an event in Mumbai.
That means India needs more foreign capital to finance its government obligations because it is not bringing in enough money from exports or foreign direct investment into the country.
Indeed, when foreign capital stampedes, its impact on the balance sheets of banks and private enterprises, when they have large unhedged foreign liability, can be devastating, as seen in East Asia.
"We have no interest in creating capital controls or implementing other broad measures that could damage the competitiveness and attractiveness of the U.S. capital markets, " according to Bachus, who says he and Kucinich seek to preserve the free flow of foreign capital into and out of the United States.
Long dependent on finicky foreign capital to stimulate growth, emerging markets have often collapsed when capital left.
The cost will be lower foreign capital inflow and slower growth, but greater stability should result.
Some economists are expecting wider fluctuation of the exchange rate due to uncertain foreign capital flow.
Some of China's most successful companies, including NetEase and Baidu, received foreign capital this way.
Such countries are most exposed in a credit drought, as they rely on foreign capital.
The move by China was an effort to get more foreign capital flowing into China.
The problem for Spain is that foreign capital has been fleeing over the past year.
But neither of these factors has so far proved much of a deterrent to foreign capital.
Foreign capital has enabled many papers to modernise their production processes, improving print quality and layout.
With sustainable growth rates much higher in China, the U.S. has recently fallen behind it in attracting foreign capital.
The oil shock has also exposed another long-standing vulnerability: Mexico's dependence on fickle foreign capital.
It also needs foreign capital and expertise to help its state-owned firms pull it off.
After all, before the Crisis those who ran Indonesia gorged at tables heaped with private foreign capital.
Investment in property accounted for more than 60% of total registered foreign capital in Vietnam last year.
But with output declining, Pemex hopes to find some way to bring in foreign capital and expertise.
If President Obama wants to get serious about jobs, he needs to get serious about attracting foreign capital.
The hitch is that, because of India's controls on foreign capital, all contracts must be denominated in rupees.
The foreign capital that flowed into Latin America in the past year has been hoarded rather than spent.
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