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Research for Oxfam last year suggested that 56 low-income countries faced a combined budget shortfall of $65 billion as a result of lower domestic tax revenues, export earnings and aid.
These two amounts together comprise our "current account" deficit, and generally reflect the amount of capital that we import every year to fund our public and private expenditures that we cannot pay for from governmental revenues, export earnings or out of our own annual savings.
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Infogrames CEO: Bruno Bonnell Videogames France www.infogrames.com Date of inception: June 1983 Number of employees: 1,200 Share of annual revenues exported: 80%.
Brembo CEO: Alberto Bombassei Automotive parts Italy www.brembo.it Date of inception: 1961 Number of employees: 2,000 Share of annual revenues exported: 70%.
CORONATION HOLDINGS CEO: David Barnes Financial services South Africa www.coronation.co.za Date of inception: 1992 Number of employees: 160 Share of annual revenues exported: 30% of business generated outside home market.
Number of employees: 690 Share of annual revenues exported: Nil Growth in annual sales by end of next financial year: 84%.
Corporacin Interamericana de Entretenimiento CEO: Alejandro Sobern Kuri Live-entertainment organizer Mexico www.cie-mexico.com.mx Date of inception: 1990 Number of employees: 4,000 Share of annual revenues exported: 28%.
Venture Manufacturing CEO: Ngit Liong Wong Contract manufacturer Singapore www.venture-mfg.com.sp Date of inception: 1984 Number of employees: 5,000 Share of annual revenues exported: 100%.
Globo Cabo CEO: Moyss Pluciennik Cable TV service Brazil www.multicanal.com.br Date of inception: 1992 Number of employees: 3,500 Share of annual revenues exported: Nil.
Guangdong Kelon CEO: Wang Guoduan Refrigerator maker China www.gdkelon.com.hk Date of inception: 1984 Number of employees: 12,000 Share of annual revenues exported: 12%.
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