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Treatment of Foreign Capital— a Case Study for Japan

  • Saburo Okita
  • Takeo Miki
Chapter
  • 24 Downloads
Part of the International Economic Association Conference Volumes book series (IEA)

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.

Keywords

Direct Foreign Investment Private Firm Foreign Capital Capital Inflow Foreign Debt 
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 1967

Authors and Affiliations

  • Saburo Okita
    • 1
  • Takeo Miki
  1. 1.The Japan Economic Research CentreJapan

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