Central Bank of Nigeria Library

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Capital exports to less developed countries /

By: Material type: TextTextPublication details: Dordrecht-Holland : D. Reidel, c1963.Description: x, 162pSubject(s): DDC classification:
  • 332.673 GUT
Summary: The book describes the novel elements in the world economic setting which explain the historically unprecedented phenomenon of large-scale government capital transfers to poor countries which have dominated the picture of foreign investment in these countries since the second World War. Decolonisation, the Cold War, the lesser appetite for imports of the United States as compared to the United Kingdom, the widespread use of exchange controls in poor countries, higher domestic levels of activity in advanced countries and a decreased readiness to take risks are adduced as reasons for the relatively low level of private capital flows to capital-hungry continents.
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Holdings
Item type Current library Collection Call number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library General Stacks Non-fiction 332.673 GUT (Browse shelf(Opens below)) Available 31008100151204

Includes index

Bibliography pp.157-161

The book describes the novel elements in the world economic setting which explain the historically unprecedented phenomenon of large-scale government capital transfers to poor countries which have dominated the picture of foreign investment in these countries since the second World War. Decolonisation, the Cold War, the lesser appetite for imports of the United States as compared to the United Kingdom, the widespread use of exchange controls in poor countries, higher domestic levels of activity in advanced countries and a decreased readiness to take risks are adduced as reasons for the relatively low level of private capital flows to capital-hungry continents.

usc 18/05/18

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