Servicing the United States Direct Foreign Investment
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Date
1961-06
Authors
Wells, Donald A.
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon
Abstract
Foreign investments have been a traditional means less developed countries and areas to obtain resources from abroad and to
develop more quickly than if there were no outside assistance. The
types of investments and the conditions under which they take place have
changed considerably, however. Today the governments of most capital-importing countries, and especially those from the less-developed areas
of Latin America, Africa, and Asia, impose terms on the foreign investor
in an attempt to ensure that Investments from abroad make the greatest
possible contribution to the economic welfare of the host country. The
less-developed countries which actively promote economic growth and
attempt to minimize unemployment judge the contribution of foreign investments by their effects on the attainment of these national economic
objectives.
Description
155 pages
Keywords
transfer of resources, measurement of costs, problems of adjustment