1. leaderless collective
The net result is that although speculators may act in a rational way to benefit themselves, small investors may still be terribly hurt in the process. ... (Ghose, 2000) My opinion Although net capital flows to developing countries tripled from roughly $50 billion a year in 1987-89 to more than $150 billion in 1995-97, (E&M, 1) and developing countries have received an increasing share of global inflows of foreign direct investment, rising from 23% in 1970 to 38% in 1997 (Ghose, 11), it has been a relatively small number of developing countries that have benefited. ... The nett ...
- Word Count: 2004
- Approx Pages: 8
- Grade Level: Undergraduate