Technology, Globalisation and a Level Playing Field

By Gonzalo Jalles, CEO, Cayman Finance | Published by IFC Report 2014

Capital has become extremely movable.

Technology and that ability to move at costs and speeds not imaginable 30 years ago has facilitated the ability of capital allocators to constantly seek the best return for that capital, limiting the ability of Governments to impose additional costs on that capital while labour remains less mobile and is therefore the recipient of such costs.

 

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