000			01319nam a22002537a 4500
008			180518t19631963ne aaaaer 001 0 eng d
040			_aCBN CAT
082			_a332.673 _bGUT
100			_aGuth, Wilfried
245			_aCapital exports to less developed countries /
260			_aDordrecht-Holland : _bD. Reidel, _cc1963.
300			_ax, 162p.
500			_aIncludes index
504			_aBibliography pp.157-161
520			_aThe 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.
590			_ausc 18/05/18
591			_aLoans
650			_aInvestments, Foreign
650			_aEconomics
650			_aCapital
651			_aDeveloping countries
942			_2ddc _cBOOK
949			_a332.673 GUT
999			_c8703 _d8703