1945

International finance and the net transfer of resources

The level of investment and consumption in a country partly depends on whether domestic production is supplemented by resources from abroad or whether some domestic production is transferred to other countries for their use. Although many mechanisms exist for transferring resources, including those embodied in the changing prices of traded commodities and in inter-affiliate transactions of transnational corporations, especially large transfers have taken place in the 1980s through international flows of capital and capital servicing. The economic effect on nations has been marked and has provoked substantial interest at the United Nations in monitoring trends in net international financial transfers, especially as they affect the economic growth and development of the developing countries.’ Trends in net international financial transfers are also important to other groups of countries and they call for policy actions pertaining to all the major country groups. Thus, international financial transfers are the focus of the present chapter.

Related Subject(s): Economic and Social Development
/content/books/9789210452113c006
dcterms_title,dcterms_subject,pub_keyword
-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution
10
5
Chapter
content/books/9789210452113
Book
false
Loading
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error