Investors looking to move money abroad remember that higher growth also usually means higher risks:
“As we’ve seen the U.S. economy not do as strongly as we would have hoped in the last few years, we’ve seen a lot of our clients looking for new opportunities in emerging frontier markets,” says Angela Mancini, vice president and head of global client services for the Eastern Geo Market of the Americas at Control Risks Group. The London-based company monitors political, security, operational and regulatory risk around the world on a daily basis. It maintains an online dashboard of these risks called Country Risk Forecast.
But they’re still looking to move money abroad. How long before our banana republic fiscal and monetary policies are followed by another banana republic measure of trying to limit capital flight?