The fruit of previous investment is being reflected in the slower import figures, and that's good for medium-term growth.
More Quotes from James McCormack:
This is one of the countries where politics matter and it is central to our assessment. Politics affects economic policy.James McCormack
There are clear improvements in the banking sector, for example, where the legacy of directed lending is slowly giving way to a more market-based allocation of credit supported by the involvement of foreign strategic investors.
James McCormack
The Philippines is one country where politics matter.
James McCormack
The entire episode really damaged fiscal policy credibility in the Philippines.
James McCormack
We would like public finance and development issues to be addressed by authorities, including an improvement in per capita income, before we can consider China for a ratings review and a possible upgrade.
James McCormack
Readers Who Like This Quotation Also Like:
Based on Topics: Investment QuotesPerceive that which cannot be seen with the eye.
Miyamoto Musashi
When I played, I had a natural ability to jump and run, and I just wanted to get bigger and heavier.
Brady Anderson
I like playing flawed characters, people who aren't perfect.
Tom Berenger