The world needs a free movement of resources so that it can be easily accessed and then it should be made affordable for everyone. But it is impossible to do in the absence of global transparency. The biggest issue that I recognised here is transparency, once you have the transparency, the other two problems can easily be solved!
You're asking rich countries who like to get their way, and will ultimately resort to bribes to do so, to give up their advantage. Whatever system they create, I would not be too trustful. On the other hand, you have countries like Bolivia or Chile who managed to get their way. They confronted those rich countries, and told them that their government will own at least 51% of the mining or gas company or they have to leave.
The world needs a free movement of resources so that it can be easily accessed and then it should be made affordable for everyone. But it is impossible to do in the absence of global transparency. The biggest issue that I recognised here is transparency, once you have the transparency, the other two problems can easily be solved!
Did he say… “the African city of Stuttgart”?
You're asking rich countries who like to get their way, and will ultimately resort to bribes to do so, to give up their advantage.
Whatever system they create, I would not be too trustful.
On the other hand, you have countries like Bolivia or Chile who managed to get their way. They confronted those rich countries, and told them that their government will own at least 51% of the mining or gas company or they have to leave.
Europa the last battle explain better thise topics
Banks need less and not more regulations. Prof Collier is simply wrong on this. Too much regulation is precisely what caused recent banking crisis
Please explain why regulation caused the recent banking crisis than just stating it.
I thought it is because of the lack of regulations that the banks taking tremendously high level of risk for money in the 2008 crisis.
It's lack of regulations that allows the Banking System to rig the whole thing, what are tou talking about?