Skip to main content

Posts

Showing posts with the label investimento

Private investment development aid disadvantages

Remittance of profits of course is a normal facility which the foreign investor expects. Clark et al. Changes in attitudes towards the moral purpose of the Empire, and the role that government could play in the promotion of welfare slowly led to a more proactive policy of economic and developmental assistance towards poor colonies. What gets lost in the shuffle is the far more challenging long-term process of development. It is doubtful whether remittances , money sent home by foreign workers, ought to be considered a form of development aid. In at the end of the Korean War , the incoming Eisenhower Administration established the Foreign Operations Administration FOA as an independent government agency outside the Department of State to consolidate economic and technical assistance. We have taken so much from the foreign technical know-how that we have not yet developed what may be described, as an appropriate technology suited to our resources and needs.