Foreign Capital and Asian Economic Growth
The role of foreign capital in economic growth is controversial. Neither the theoretical arguments nor empirical evidence is clear-cut or conclusive. In the early 1960s a group of economists had argued that foreign capital inflows invariably had a favorable effect on economic efficiency and growth....
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
World Scientific Publishing
1990-01-01
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| Series: | Asian Development Review |
| Online Access: | https://www.worldscientific.com/doi/10.1142/S0116110590000112 |