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.
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© 1967 International Economic Association
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Okita, S., Miki, T. (1967). Treatment of Foreign Capital— a Case Study for Japan. In: Adler, J.H. (eds) Capital Movements and Economic Development. International Economic Association Conference Volumes. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15238-4_4
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DOI: https://doi.org/10.1007/978-1-349-15238-4_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-15240-7
Online ISBN: 978-1-349-15238-4
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