Treatment of Foreign Capital— a Case Study for Japan

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


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.


Direct Foreign Investment Private Firm Foreign Capital Capital Inflow Foreign Debt 
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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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