Some Costs of Private Foreign Investment: The Case of Indonesia

Date
2014-01-15
Authors
Bateman, Brent
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University of Hawaii at Manoa
Abstract
The utilization of private foreign investment as a source of capital and technology for furthering the develop­ment of the "less developed countries" has long been a sensitive issue and one that has attracted radically diver­ gent views and reactions. Contemporary discussion on the subject ranges from charges of nee-imperialism and social­ economic exploitation on the one hand to a persistant defense and recommendation at the other extreme. The former stand is most frequently voiced by political scientists and others directly concerned with social political development such as anthropologists and social geographers, while the latter view has largely been associated with business spokesmen and economists, particularly those from the economically more "advanced" Western nations and Japan.
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