Success depends on winning over foreign investors and governments, as Congo lacks the skills and capital to develop alone.The president has made some progress, as he will remind voters in the campaign.
Our view is that we have been misled by the theory (or maybe we have misinterpreted the theory) that development is about capital accumulation and requires transfers of capital to developing countries.
Most cash-strapped startups dedicate their financial capital to developing and building new products and services, making stock options a critical tool for building strong teams.
With El Morro now a possibility, Barrick is less likely allocate its capital to developing this project, and NovaGold doesn't have the capital to do it.
Net private flows of capital to developing countries are projected to decline to $530 billion in 2009, from $1 trillion in 2007.
While sound in principle, the arrangement falls short of providing incentives for sustaining the domestic recycling infrastructure, scarcely covering operating costs and leaving little capital to develop new recycling technologies.
SpaceX is the only competitor that currently sees a sufficiently elastic market on the demand side that justifies the costly development of reusable rocket technology and the expenditure of private capital to develop options for that theoretical market opportunity.
The management committee, established to look after the borehole, formed a village savings and loans association (VSLA) – a basic microfinancing system that, for a small regular contribution, allows members to save money and gives them access to capital to develop business ideas, or to use in emergencies.
It's not just because internet connectivity is such a big market (it is), but it also takes a lot of capital to develop and deploy the satellites needed to build a viable service network.
Pemex needs investment capital to develop oil reserves and gas fields, but it is barred by the Constitution from opening up to private companies.
