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Yet austerity has led capital budgets to be slashed.
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Debased money spells inflation and higher costs of capital, and leads to capital flight.
The drop was led by capital goods.
That, in turn, led to capital flight as depositors rushed to convert their pesos into dollars.
Before becoming executive director of the conservatory four years ago, she led its capital campaign.
Sanctions have led to capital flight, a contracting economy, a fallen ruble, and the emigration of more educated Russians.
Gibbs moved up to president and led a capital restructuring.
He led two capital campaigns at Georgia Tech, which netted about $1.5 billion.
The overvaluation ultimately led to capital flight and collapse of the financial system.
The new capital was led by Sorenson Capital, with participation from previous investors, including Intel Capital on a pro rata basis.
Around eighty percent was outside capital, led by New Capital.
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