Titlebook: Capital Exports to Less Developed Countries; Wilfried Guth Book 1963 Springer Science+Business Media Dordrecht 1963 development.economic g

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ess developed countries, on the other hand, the urge to industrialise became even stronger after 1945. “Capitalist countries grew rich through industrialisation, we should therefore also industrialise in order to grow rich.” This could be heard as a frequently voiced argument. What was unconsciously

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uliarities in the various countries, and shortsightedness on the part of many home and foreign investors who have their eyes fixed on certain immediate advantages and overlook the long term opportunities presented by vigorous longer term development.

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The Employment of Foreign Capital,uliarities in the various countries, and shortsightedness on the part of many home and foreign investors who have their eyes fixed on certain immediate advantages and overlook the long term opportunities presented by vigorous longer term development.

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of the large and increasing number of publications on this subject - and in fairness to the reader - it seems appropriate, however, to outline briefly what the book sets out to describe. As the title conveys, I have concentrated on the financial side of the problem without neglecting altogether the

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Influence of Capital Exports on Exports and Employment in Capital Exporting Countries,g force behind capital exports. We must therefore investigate whether there are in developed industrial countries other and possibly more important economic motives which make capital exports attractive.

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Capital Imports and the Problem of Internal and External Financial Stability during the Process of nt) voluntary savings at home, or capital imports. This question cannot be answered until we have investigated more closely the peculiarities of the investment process in less developed countries. We therefore propose to deal now with a short term analysis of the capital importing and investment process.

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Introduction, part of the international movement of capital, and the provision of long term foreign capital must be regarded as merely one aspect of the overall problem of the development of less developed countries.