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Treatment of Foreign Capital— a Case Study for Japan

In: Capital Movements and Economic Development

Author

Listed:
  • Saburo Okita

    (The Japan Economic Research Centre)

  • Takeo Miki

Abstract

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.

Suggested Citation

  • Saburo Okita & Takeo Miki, 1967. "Treatment of Foreign Capital— a Case Study for Japan," International Economic Association Series, in: John H. Adler (ed.), Capital Movements and Economic Development, chapter 0, pages 139-174, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-15238-4_4
    DOI: 10.1007/978-1-349-15238-4_4
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