| Author(s): |
Codrington, Harold (1986) |
This paper provides a sectoral analysis of private foreign capital to show its importance to development policy in Barbados. It shows how the distribution of foreign capital has implications for the balance of payments and government policy. The pattern of distribution with respect to foreign investment and outflows of investment income since 1956 was determined by structural economic changes. It explains this distribution by an analysis of foreign investment inflows for each of the leading capital-importing sectors. In the conclusion policy implications are given. (The papers are still in draft and are subject to revision. Not to be quoted or reproduced without the expressed permission of the authors)
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