Foreign Investment and Unilateral Transfers

Markos Mamalakis

Chapter 5 in Foreign Investment, Debt and Economic Growth in Latin America, 1988, pp 29-40 from Palgrave Macmillan

Abstract: Abstract The relationship between foreign investment and unilateral transfers is a multifaceted one. It is necessary to analyse this relationship because it is one of the most important and least examined relationships determining long-term economic development in Latin America.1 Unilateral resource transfers are a pernicious disease afflicting major segments of the society, economy and political system of the majority of Latin American countries. The pervasive presence of unilateral transfers in developing countries is a critical factor that separates them from the present day developed countries during their corresponding early stages of growth. While the discussion of capital and interest rates formed the foundation of classical economic thinking, it is the origin, size, and distribution of unilateral transfers that implicitly form the, or at least a, major foundation of modern development thinking.

Keywords: Direct Foreign Investment; Capital Market; Foreign Investment; Foreign Debt; Current Account Surplus (search for similar items in EconPapers)
Date: 1988
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08311-4_5

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349083114

DOI: 10.1007/978-1-349-08311-4_5

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().