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private investment

June 23, 2011

Families grinding out results from their businesses have a restrained appetite for growth but they are more concerned to avoid the humiliation of ruining them.

Family businesses tend to be small and niche, but, collectively, their influence on the global economy is significant.

Those which belong to Germany’s Mittelstand are at the heart of the country’s manufacturing miracle. Family companies are scattered right across Asia. Private banks in Switzerland are thriving, despite the credit crisis. Italy is kept going by a string of family businesses scattered across the north.

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