觀點投資

Rewrite tax regimes to spur greater investment
英美企業爲何不願投資?


桑希爾:對於任期不到5年的執行長來說,與其進行難以立竿見影的長線投資,不如通過削減成本來提高利潤。

One of the startling features of Anglo-American capitalism is that corporate investment remains so low when profits are so high. This lack of investment seems all the more puzzling given that money is cheap, infrastructure needs are glaring, fast-growing consumer markets are opening up all over the developing world, and smart technologies are making it possible to imagine and create new business models.

英美資本主義當前的一個顯著特徵是在利潤如此之高之際企業投資卻保持低位。鑑於資金低廉、基礎設施需求顯而易見、快速成長的消費市場正在發展中世界一個接一個湧現、智慧科技讓想像和成立新的商業模式成爲可能,這種投資匱乏顯得格外令人困惑。

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