Private Direct Investment, Finance and Development

For countries embarking on development, foreign direct investment has for a long time provided needed capital, technical know-how and managerial expertise. During the 1970s, however, its role as a source of finance for development was overshadowed by the spectacular increase in commercial bank lendi...

Full description

Bibliographic Details
Main Author: Constantine Michalopoulos
Format: Article
Language:English
Published: World Scientific Publishing 1985-01-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110585000082