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Earth round, water wet, Pope Catholic and Iran a dubious investment prospect

I am quite extraordinarily grateful to the Fraser Institute (registration required) for making the following findings public:

"Colorado and Thailand....Qatar, Romania, and the United Kingdom rounded out the top five jurisdictions with the best scores in the Global Petroleum Survey 2007's All Inclusive Composite Index that ranked jurisdictions with the lowest barriers to investment.

Petroleum experts rate Bolivia, Venezuela, Ecuador, Russia and Iran as having the greatest barriers to investment, with many respondents emphatically stating that the risk and uncertainty brought on by government policies in these countries convinced them to stay away".

Astonishing, eh?

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Blogger Bretwalda Edwin-Higham said... 2:38 pm

Russia is not correct on this list - it's a big place and certain parts of it are doing very well indeed, thanks.  



Blogger Croydonian said... 3:19 pm

James - Indeed yes. Although, I'm something of a Russophile, and I can sympathise with Putin supporters and the like - here comes the wild generalisation - Russians are not best keen on disorder, and it is because the Rodina is not really keen on taking on western business mores and the like that makes it a less choice investment target than some of the other places listed. Mind you, Newfoundland and Labrador were lowly ranked too.  



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