Colonialism and foreign ownership of capital : a trade theorist's view /

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Bibliographic Details
Author / Creator:Hazari, Bharat R., author.
Imprint:Abingdon, Oxon ; New York, NY : Routledge, 2016.
Description:1 online resource
Language:English
Series:Routledge revivals
Routledge revivals.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12588681
Hidden Bibliographic Details
ISBN:9781317243687
1317243684
9781315629322
1315629321
9781317243694
1317243692
9781317243670
1317243676
9781138643604
1138643602
9781138643550
1138643556
Notes:Includes bibliographical references and index.
Vendor-supplied metadata.
Summary:Foreign control of capital is a major problem for many developing countries and can lead to the exercise of a form of colonial control whereby capital is provided for political rather than economic reasons. This book discusses the implications of this phenomenon for trade theory and the amount of pressure that foreign countries can exert. First published in 1982. Foreign control of capital is a major problem for many developing countries and can lead to the exercise of a form of colonial control whereby capital is provided for political rather than economic reasons. This book discusses the implications of this phenomenon for trade theory and the amount of pressure that foreign countries can exert. The opening chapter examines the themes of de-industrialisation, of stagnation after an initial spurt in economic activity, and the premise that inflows of capital do not necessarily generate growth and expansion. These initial discussions are developed in the subsequent chapters where the effects of foreign ownership on the host country's economy and trade are dealt with fully. This work would be of interest to students of economics and development.
Other form:Print version: Hazari, Bharat R. Colonialism and foreign ownership of capital. Abingdon, Oxon ; New York, NY : Routledge, 2016 1138643556 9781138643550