Large Foreign Capital Transfers: Do They Harm Developing Country Agriculture?
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Publisher:Ohio State University. Department of Agricultural, Environmental, and Development Economics
Series/Report no.:Ohio State University. Department of Agricultural Economics and Rural Sociology. ESO (Economics and Sociology Occasional Paper). No. 1362
The impact of foreign capital inflows on developing country agriculture is examined for 73 developing countries for the period 1973-83. It is concluded that further borrowing by debt-burdened countries is unlikely to solve their agricultural production problems unless accompanied by the appropriate economic policy changes necessary for long term economic growth.
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