FastSaying
The benefit would be access to public capital markets so it can take on new products and markets. The disadvantage is an additional layer of responsibility and reporting.
Robert Merton
Access
Benefit
Capital
Disadvantage
Markets
Products
Public
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Up to those amounts the countries concerned would be able to access international capital markets at prime rates. Beyond these, the creditors would have to beware.
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You go public because you want access to capital in the form of debt and equity.
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If you're going to use the public resources, you need the public benefit.
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We need to have more access to more markets abroad, not less access.
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