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Starting an Internet company these days usually requires much less capital than in the past.
Poor countries, by contrast, start off with much less capital per worker.
A small country like Luxembourg has much less capital in total than India, but Luxembourg has more capital per worker.
Because they start with much less capital per worker than developed economies, they have huge scope for boosting productivity by importing Western machinery and know-how.
Although it is more expensive per kilowatt-hour, solar panels can be deployed in small, modular systems, and thus require much less capital investment.
But, as Ms Bair points out, with banks potentially holding much less capital during business expansions under the new rules, raising the capital they will need to withstand a recession could be painful and risk a credit crunch.
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The vast majority of Italians stay in the town or city where they grew up: an ambitious careerist can remain in, say, Turin or Bari because it's a much less capital-centric country than most.
4) Enterprise-oriented companies raise much less private capital; but increased fundraising has seriously reduced their capital efficiency.
Today's consumer hardware companies generally require much less investment, less capital expenditure and are more nimble.
The countries that receive it may intervene in turn, with a net effect of much less international capital movement than all countries would prefer.A possible solution, the piece goes on to discuss, might be coordination across countries.
The countries that receive it may intervene in turn, with a net effect of much less international capital movement than all countries would prefer.Controlling controlsA more co-ordinated approach might mitigate the risks of the nastier spillover effects.
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