Posted by Bob Janova at 10:26am Mar 10 '13
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... I've not actually tried it but I've heard from lots of people who have started companies over here (in Britain or Europe) who say that it's ridiculously hard to get into the American market without having an American on the board.
I wouldn't trust World Bank ratings when it comes to the US as it's a US institution.
Sometimes, yes. Don't all countries do this to a degree? And don't these issues get fought out at the WTO?
Yes, the WTO which tells other countries they can't do it and that they must open up their markets, but not the US because it's also a US-controlled institution. (It also doesn't make a big deal of the EU's similar system, because that would be inconvenient too. But at least the EU isn't evangelising free market capitalism while we do it.)
I wouldn't trust World Bank ratings when it comes to the US as it's a US institution.
Sometimes, yes. Don't all countries do this to a degree? And don't these issues get fought out at the WTO?
Yes, the WTO which tells other countries they can't do it and that they must open up their markets, but not the US because it's also a US-controlled institution. (It also doesn't make a big deal of the EU's similar system, because that would be inconvenient too. But at least the EU isn't evangelising free market capitalism while we do it.)