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Capital and Capital Supply in Relation to the Development of Africa

  • Leonard Rist
Chapter
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Part of the International Economic Association Conference book series (IEA)

Abstract

The major part of this paper is devoted to an analysis of the magni tude and forms of external economic assistance that has been flowing in recent years to Africa south of the Sahara. I have preferred to concentrate on this aspect of capital supply for two major reasons. In the first place, a stocktaking of the types and amounts of external financial resources available for the economic development of the countries in this area, seems to me to be particularly useful to African officials concerned with developmental problems. In the second place, we have only little detailed knowledge of domestic capital formation in many countries of the area. I have, however, brought together in the second part of this paper a number of considerations that are relevant to an analysis of future capital requirements of Tropical Africa.2

Keywords

Public Capital Private Capital International Development Association External Assistance Economic Assistance 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© International Economic Association 1964

Authors and Affiliations

  • Leonard Rist
    • 1
  1. 1.International Bank for Reconstruction and DevelopmentUSA

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