Economic miracle

Investing in the latest emerging market and economic miracle?

Ethical engagement, please.

Foreign investors don’t have a great record with direct investment in emerging markets.

All too often, it is a highly exploitative relationship, demanding cheap labour, easy access and complete disregard to ethical and environmental concerns.

Two decades ago, the Asian Tigers. A decade ago, Turkey and UAE. Today Vietnam…

Tomorrow, who knows? A newly independent Scotland and unified Ireland?

Unlikely, unless foreign investors can demand the highly exploitative wages so attractive to them in the latest miracle of the east.

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