When APEC was created, the United States was certainly the leading country in the mix,
More Quotes from Greg Mastel:
As the U.S. trade deficit becomes more and more of a concern, the currency issue and intellectual property are both tougher issues to crack than textiles.Greg Mastel
Say you buy a factory in Brazil. When Brazil devalues its currency, that factory's value in dollars drops dramatically so your investment is worth a lot less. People are less likely to invest in a country that's prone to devaluations,
Greg Mastel
For so many years, international finance has been the domain of a very small elite in a few countries. The message the G-8 leaders got from Seattle is that they need to make their policy discussions more relevant to the general public.
Greg Mastel
A good example is Mexico in the mid 90's. It tried to do a moderate devaluation, but the market didn't accept it. It lost control of the currency, there was a dramatic devaluation, and a subsequent recession -- even a depression in Mexico.
Greg Mastel
It's an offer that will never be taken up. Other countries are not likely to drop their trade barriers any time soon.
Greg Mastel
Most legislation is offered just for political effect. But this one is likely to become the basis of law. Something will become law on China this year.
Greg Mastel
Readers Who Like This Quotation Also Like:
Based on Topics: Leading & Managing QuotesBased on Keywords: apec
Education is more than Pisa. Particularly musical education. We also need education and training for more than reasons of usefulness and marketability.
Johannes Rau
No part of the education of a politician is more indispensable than the fighting of elections.
Winston Churchill
The presidents of colleges have to have some courage to step forward. You can't limit alcohol in college sports, you have to get rid of it.
Dean Smith