https://open.spotify.com/episode/5GQc0smHJYNjj8xSOC1EX8?si=zKojYbJyT-Wj1TiQurcOGA Policymakers tout foreign direct investment (FDI) as "sticky capital" that builds factories and commits for the long haul development of a country. In parallel portfolio capital is easily dismissed as less attractive, volatile "hot money." Crises expose this as illusion: even physical assets exit via structured retreats, proving commitment stems from incentives, governance strength,... Continue Reading →