Adventurer, leading authority on developing world debt, Managing Director of Turan Corporation, and author of the entertaining and insightful book Riches Among The Ruins: Adventures In The Dark Corners Of The Global Economy, Robert P. Smith, describes the rough and tumble, behind the scenes world, of the early days of modern globalization. He shares his gains and losses of huge fortunes in the war torn and crashing economies of the developing world. He also provides a sobering analysis of the current global economic conditions, and makes a forecast for the future economic problems and prospects of the United States.
Robert P. Smith is my internet radio show guest on Blog Business Success; hosted live on Blog Talk Radio.
The show airs live on Tuesday, November 3, at 8:00 pm Eastern Time; 5:00 pm Pacific Time.
Adventurer, leading authority on developing world debt, Managing Director of Turan Corporation, and author of the entertaining and insightful book Riches Among The Ruins: Adventures In The Dark Corners Of The Global Economy, Robert P. Smith, describes the rough and tumble, behind the scenes world, of the early days of modern globalization. You will learn:
* How international debt markets operated in the early globalization period
* How international global debt markets operate today
* Why understanding global debt markets is important for everyone
* How the global economy and change will affect the United States economy
Robert P. Smith (photo left) is the founder and managing director of the Boston-based Turan Corporation, which specializes in trading emerging market sovereign debt and evaluating creditor claims against foreign governments.
A graduate of Bowdoin College and Boston University School of Law, Robert P. Smith served as a loan officer and economic liaison for the United States Agency for International Development (USAID) in Vietnam, El Salvador, the Dominican Republic and Brazil. He later joined Deltec Bank of Sao Paulo, Brazil, before returning to the United States in the mid-1970s where he established a law practice specializing in international debt collections.
Turan Corporation was founded as Turam (“Turkish-American”) Corporation in 1978, and soon became one the largest privately held sovereign debt trading firms in the world. The company’s many achievements include purchasing $7 million of Turkish Non-Guaranteed Trade Arrears (NGTAs) in 1980, making it the first company to develop its own debt/equity investment in Turkey. The company forged similar archetype deals in places such as El Salvador, Nigeria and Guatemala.
Peter Marber, the author of From Third World to World Class: The Future of Emerging Markets in the Global Economy (Perseus, 1998), credits Bob Smith as one of four individuals who contributed "significantly to the birth of the debt market, and possibly even the entire emerging markets investment community, well ahead of Wall Street's more prominent houses."
Bob Smith is a noted authority on developing world debt and has been cited or quoted in numerous publications including the Wall Street Journal, Africa Economic Digest, The Financial Times, International Business, and various journals of Euromoney Publications of London. From 1986 to ’88 he wrote the monthly column “Blocked Currency” for Euromoney Treasury Report. Robert Smith is a sought-after speaker and has addressed numerous professional groups on matters relating to emerging markets.
My book review of Riches Among The Ruins: Adventures In The Dark Corners Of The Global Economy by Robert P. Smith (with Peter Zheutlin).
Listen live on Tuesday at 8:00 pm Eastern, 5:00 pm Pacific time.
If you miss this very informative show, it will be available for free download as a podcast for iPod, iTunes, and MP3 players; or play it right on your computer. To download this, or any other of my guest interviews, go to the Blog Business Success host page and click on Archived Segments. Once there, click on the podcast icon at the end of the episode description, to download the show free of charge for your listening enjoyment. You can also subscribe to the show feed.
To call in questions for my guest, the number is: (347) 996-5832
Let's talk with adventurer, leading authority on developing world debt, Managing Director of Turan Corporation, and author of the entertaining and insightful book Riches Among The Ruins: Adventures In The Dark Corners Of The Global Economy, Robert P. Smith, as he describes the rough and tumble, behind the scenes world, of the early days of modern globalization. He shares his gains and losses of huge fortunes in the war torn and crashing economies of the developing world. He also provides a sobering analysis of the current global economic conditions, and makes a forecast for the future economic problems and prospects of the United States on Blog Business Success Radio.
