Partnerships that involve an equal exchange of ideas and allocation of resources toward shared business and social objectives are more important than ever.
Fairtrade USA left Fairtrade International in 2011, and other groups such as Equal Exchange have expanded consumer options for more fairly traded products.
Partnerships that involve an equal exchange of ideas and allocation of resources towards shared business and social objectives were seen by participants at BSR as being essential ingredients of social change.
Yes, there is more of something called money put out there in exchange for something of equal value given up voluntarily by individuals or institutions who earned it in exchange for services in the marketplace.
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Not only must investors regard assets in different countries as perfect substitutes, but expected changes in exchange rates must also equal the expected inflation differential between two countries.
Speaking on CNBC, Buffett said Berkshire offered to reinsure the municipal bonds in exchange for a fee equal to 1.5 times the remaining unearned premium over the life of the bonds.
But the economists find that, all else being equal, a 10% appreciation in the exchange rate reduces GDP growth by around one percentage point.
The Big Mac Index uses Purchasing Power Parity (PPP) in comparing the price of the ubiquitous Big Mac across countries relative to its price in the USA. PPP refers to the idea that exchange rates across two countries should be equal to the relative price of a basket of goods and services in both countries.
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Indeed, one of Asia's biggest questions is how sick Japan's economy is going to become, and such an exchange-rate policy would, other things equal, be likely to make it sicker.
India allows 100% foreign ownership, but requires car companies to be foreign-exchange neutral - what they spend on imports must equal what they earn from exports.
It is also time to put to rest a popular but fallacious view that since central-bank reserves equal only a fraction of the daily turnover on foreign-exchange markets, intervention is merely a drop in the bucket.
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