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"I've seen up close how large sums of foreign currency can change people's lives," she said.
But sales were boosted by generous promotions by carmakers, and industrial production was flattered by a spike in the output of utilities.America continued to attract large sums of foreign capital.
It has cut spending in an election year and is attempting to implement a string of reforms aimed at bolstering competition in areas like energy and telecommunications that have the potential to attract large sums of foreign direct investment.
And without sufficient saving, the region cannot overcome its shortage of capital.To escape, Mr Sachs says, Africa needs a "big push", which is to say big sums of foreign money.
Supporters of the government say it has reduced poverty and improved infrastructure, unlike some African nations that get staggering sums of foreign aid yet have little to show for it because of corruption.
The eight eastern European countries that joined the EU from 2004 attracted huge sums of foreign capital even though for many of them euro membership was a distant prospect.
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In fact, their voluntary transfer of money triples the sum of foreign aid budgets to the same developing economies.
Monopolistic industries were surprisingly characterized by low decrease in TE, while intensively competitive industries with large sum of foreign investment were characterized by rapid decrease in TE, such as food processing industry, food producing industry, electronics and telecommunication industry.
As de jure capital openness depicts how flexible the countries' law is, thus to get complete picturization, this paper also measured de facto capital openness which indicates the sum of total foreign assets and total foreign liabilities over GDP multiplied by 100.
China allows the value of the yuan to move in a tightly controlled range against the dollar and mostly restricts the conversion of major sums to foreign currencies to trade-related payments.
He allegedly received large sums of money on foreign bank accounts in his name.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com