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Examples
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BBOP deficit which had been present until recently.
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Global head of economic research at Goldman Sachs, Jim O'Neill, told the commission that if South Africa wanted a strong rand it would need a BBOP - current account plus net foreign direct investment and net portfolio flows - surplus.
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"A persistent BBOP deficit was associated with the rand's weakness," O'Neill said.
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A deficit in South Africa's broad balance of payments (BBOP) over the past few years was the underlying cause of the rand's sharp depreciation in 2001, the Johannesburg-based commission investigating the currency's decline heard on Wednesday.
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As it turns out, the BBOP project involving the Akyem mine won't attempt to minimize the biodiversity damage to the Ajenjua Bepo Forest.
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An exploration of the background of Conservational International's BBOP cofounder, Forest Trends, highlights the problematic nature of the BBOP project.
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Instead, the plans call for the company to pay BBOP to carry on conservation work in the Mamang Forest Reserve, another protected area to the south of the mine.
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Headed by Jenkins, this project's advisory committee is closely related to those representing the BBOP project, as Forest Trends Director,
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"A BBOP surplus requires more capital inflow and probably more foreign direct investment.
erinmckean commented on the word BBOP
"bored because of parents" (from Aspendale Primary School, Melbourne)
December 9, 2015