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Abstract

One of the factors influencing rates of growth in different parts of the world has been the flow of resources between states and regions.

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Notes

  1. C. H. Jenks, The Migration of British Capital to 1875 (New York, 1927) p. 413. At this time the distribution of British foreign investment is estimated to have been: government securities in Europe £45–55 million; French and Belgian railways £30–35 million; United States (various) £5060 million; Latin America £35–40 million; Spain and Portugal £35–40 million.

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  2. A. H. Imlah, Economic Elements in the Pax Britannica (Cambridge, 1958 ) p. 180.

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  3. H. Feis, Europe, the World’s Banker, 1870–1914 (New Haven, Conn., 1930) pp. 18, 36, 40, 45n.

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  4. W. Ashworth, A Short History of the International Economy since 1850 (London, 1975) p. 238.

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  5. P. Ady (ed.), Private Foreign Investment and the Developing World (New York, 1971) p. 17.

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  6. Brandt Report, North—South (London, 1980) p. 187. The total at that time was worth about $68 billion.

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© 1983 Evan Luard

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Luard, E. (1983). Investment. In: The Management of the World Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-17165-1_2

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