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Portfolio investment, often called 'hot money' because of its volatile nature, can increase the economy's vulnerability to the vagaries of international finance. Foreign direct investment, on the other hand, is far more stable and driven by domestic fundamentals.
- Gita GopinathPhoto by Alessio Soggetti on Unsplash
Portfolio investment, often called 'hot money' because of its volatile nature, can increase the economy's vulnerability to the vagaries of international finance. Foreign direct investment, on the other hand, is far more stable and driven by domestic fundamentals.
- Gita GopinathYou do it for yourself. You don't expect to change the world. You don't even expect to influence your family or your friends. You do it because you can't not do it and be who you are. Or who you're meant to be.
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