General Electric Company (GE) Vice Chairman On How To Overcome Barriers Of Trade

Infrastructure investment continues to be one of the biggest needs that every government in the world should pay a closer look at, according to General Electric Company (NYSE:GE) Vice Chairman, John Rice, who spoke during an interview on CNBC. Rice emphasized that governments need to take a keen interest on the kind of policies that they implement as they always go a long way in affecting the kind of investment policies that companies make.

Best Financial Services Companies to Work For

“We are going to make the point about the need for infrastructure investment and it is going to be a need everywhere. We don’t see any country in the world that does not need it and we are also going to make the point about the important role that government play,” said Mr. Rise.

Mr. Rise emphasized the fact that relationship between governments and companies has dramatically changed in that, companies nowadays treat governments as customers just the same way as they treat a customer as a customer.

Big companies have in the recent past been shifting some of their operations overseas as they seek to avoid the huge tax regime in the U.S. in what is normally known as an Inversion The move has not gone well with regulators in the U.S. as they deprive the domestic market of the much needed job opportunities. Rice maintains that for growth to be attained jobs have to be created worldwide and not in one geographic location.

Rice was responding to the fact that General Electric Company (NYSE:GE) has some of its manufacturing operations carried outside the U.S..

“You cannot grow if you are not creating jobs and we have to help create them in a lot of places around the world including the United States and including Australia,” added Mr. Rice.

The biggest challenge according to Rice in an effort of overcoming barriers of trade is the fact that there are huge pools of funds on the sidelines as well as huge infrastructure needs and small, medium-sized businesses all of which are in need of an investment boost. Rice reiterated that General Electric Company (NYSE:GE) has to sit in the middle and act as the connecting function to ensure the success of all the needs.

Disclosure: none

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Top Reasons For Getting Fired

The 3 Best States to Start an LLC

10 Jobs That Allow You to Travel

7 High-Paying Jobs You Can Do From Home

12 Best Cities to Shop in USA

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!