Capital is a coward; money flees uncertainty and corruption. To entice capital in and then keep it in, governments must recognize private property rights, deeds of trust, and the sanctity of contract, and they must enforce these rights transparently and fairly.
Colin Powell: “Capital is a coward; money flees uncertainty and corruption. To entice capital in and then keep it in, governments must…”
Editor's note · Context
Emphasizes the importance of property rights and contract enforcement to attract investment.
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