Since World War II six risk-sharing institutions to stimulate foreign investment have been established by the U.S. government and several international organizations. These are thoroughly studied.Originally published in 1965.The Princeton Legacy Library uses the latest print-on-demand technology...

In the 1950s and 60s, the American view of foreign direct investment(FDI) in emerging markets, then called less-developed or developing countries, was that it was desirable for three reasons: as a vehicle for economic development and a partial substitute for foreign aid; to promote economic...