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The department has stepped up its investigations in recent years of possible violations of the Foreign Corrupt Practices Act, and prosecutors believe that some of the convictions have helped deter business executives from paying bribes.
Much of the non-oil revenue, such as Saudi Arabia's income from the haj pilgrimage, is dependent on state spending, itself paid for by oil and gas receipts.Since keeping citizens happy rests on government handouts and the GCC states don't want to deter business, cuts to other expenditure are more likely.
There are two main obstacles to new investment: regulations that deter business; and a fiscal deficit, of around 10% of GDP, that leaves little scope for public spending.This budget was a test of whether Manmohan Singh's Congress Party-led government, which surprised even itself by winning last year's election, would confront these challenges.
"Fixed rates were initially increased a month ago to reflect an increase in swap rates but have since not only not fallen back in line with swap rates but have risen further as lenders respond to increased demand by pushing rates up even more to deter business," he said.
But Mr Osborne said it was important not to deter business from the UK.
It's going to deter business and make everyone less willing to visit India, whether it's on vacation or for business," said Nigel Rendell, emerging market strategist at RBC Capital Markets in London, pointing to the fact that the attacks happened in what is a prime location for tourists and business people.
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High tax would deter businesses from handing out fat-cat salaries, he argued.
But his reputation could deter businesses from moving to the city, which was once known as the "beehive of industry".
Higher taxes clearly do not deter businesses and – invested properly in education, transport and infrastructure – can be used to attract business investment.
Sir Richard Branson has taken aim at both Qantas and the government, claiming that any taxpayer assistance for the beleaguered airline will deter businesses from investing in Australia.
Between 2000 and 2010, green-growth enthusiasts like to point out, the number of hybrid electric-car models increased from two to 30 and the number of "green buildings" certified by LEED, an international rating organisation, rose from three to 8,000.The other part of the answer is that market failures, co-ordination problems and government subsidies deter businesses from choosing green growth.
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