000 01262nam a2200193Ia 4500
999 _c40934
_d40934
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008 200204s9999 xx 000 0 und d
020 _a709912412
082 _a325.32 HAZ
100 _aHazari, Bharat R.
245 0 _aColonialism and foreign ownership of Capital
260 _aLondon
260 _bCroom Helm
260 _c1982
300 _a108p.
520 _aForeign control of capital is a major problem for many developing countries. A country may often rely wholly on a foreign country for the supply of capital which is frequently provided for political rather than economic reasons. The freedom to determine the amount of capital brought into the host country gives the foreign owners political and other leverage. In this way, fooign ownership can lead to a form of colonial control being excised over a developing country. The implications of this phenomenom for trade theory and the amount of grasse that fogn countries can clart are discussed in detail. The opening chapter examines the themes of de industrialisation, of stagnation after an initial spurt in sconomic activity, and the promise that inflows of capital do not necessarily generate growth and expansion
650 _aColonies
942 _cB
_2ddc