Treatment of Foreign Capital— a Case Study for Japan

Saburo Okita and Takeo Miki
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Saburo Okita: The Japan Economic Research Centre

Chapter Chapter 3 in Capital Movements and Economic Development, 1967, pp 139-174 from Palgrave Macmillan

Abstract: Abstract There is no doubt that foreign capital plays an important role in the process of economic development. When the economy of a nation rapidly develops, foreign capital performs a useful part in meeting the shortage of domestic resources; in purchasing modern machinery and industrial technology from advanced nations and in supplying the shortage of foodstuffs caused temporarily by the rapid gravitation of farming population into industrial cities.

Keywords: Direct Foreign Investment; Private Firm; Foreign Capital; Capital Inflow; Foreign Debt (search for similar items in EconPapers)
Date: 1967
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-15238-4_4

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DOI: 10.1007/978-1-349-15238-4_4

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