Exact(23)
One consequence of the changed nature of investment is a strong tendency for markets to develop into temporary monopolies.
Ownership would also allow markets to develop, so people – not officials – can decide how their social needs are best met.
Hedge funds have emerged to hold some of the more exotic risks, perhaps waiting for markets to develop.
We have a separate R.& D. facility in Europe that works with the individual markets to develop specific products to meet those needs.
For markets to develop you need a good and reliable (i.e., non corrupt) accounting system, well functioning courts, independent media, and effective regulation.
It was able to leverage the knowledge it gained in those early markets to develop more capabilities and build a powerful company.
Similar(37)
The bank said that the outlook for 2008 was "uncertain" and that it was looking for ways to redeploy capital from developed markets to developing ones.
He's now an investment banker, providing advice on capital markets to developing countries.
He proposed opening markets to developing countries by abolishing quotas and tariffs and allocating fresh resources for education.
However, individual homeowners do not represent a large enough market to develop retrofit technology at scale.
They don't need to wait for the market to develop further.
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