1985 | OriginalPaper | Chapter
Points from the Discussions
Author : A. A. Arnaudo
Published in: Financing Problems of Developing Countries
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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Professor Teng showed great optimism over the effect that the recovery of the American economy would have on all other economies, in particular the less-developed ones. The main problem would always be, nevertheless, how to increase capital flows towards the underdeveloped world and to ensure that the capital actually was used for their industrialisation and growth.