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investment, not ‘aid’, is the key to development
Author(s) -
Osterfeid David
Publication year - 1992
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1992.tb00860.x
Subject(s) - key (lock) , foundation (evidence) , poverty , investment (military) , foreign direct investment , business , economics , economic growth , development economics , economic policy , political science , macroeconomics , law , computer science , politics , computer security
How can poor countries get rich? David Osterfeld, of the Heritage Foundation Washington DC, argues that multi‐national companies and foreign investment hold the key to economic development and escape from poverty.