71. The main reason for the slump is the high interest rates the government is using to control inflation and attract foreign capital. 72. The legislation is necessary, the agency has said, to allow it to attract sufficient capital to avoid going out of business. 73. The move was designed to attract foreign capital to Brazil, restoring confidence in the real. 74. The most successful countries in attracting foreign capital, in many cases because of promising investment possibilities, were often running large current-account deficits. 75. The policy was designed to foster macroeconomic stability and attract foreign capital. 76. The rates were raised to attract foreign capital, preventing a speculative attack on the Brazilian real during a sharp slide in local stock markets. 77. The World Bank is better positioned to fight poverty in poor countries that cannot attract private capital. 78. There were times of great euphoria when the United States attracted foreign capital, only to crash, leaving investors empty-handed. 79. They would like to see even more effort to use the tax incentives to attract tangible capital. 80. To be fair to the Latin Americans, such problems are common in developing countries, at least in ones that are able to attract capital. |