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- W2006715511 abstract "W HEN NATHANIEL T. BACON ESTIMATED the total of foreign investments by Americans toward the close of the 19th century, it was merely to supplement another calculation. Bacon's paper in the Yale Review of November 1900 was on the obviously much more important question of American International Indebtedness; what foreigners owed America was only a fraction of what we owed them. Today the proportions are reversed. The United States is the leading creditor nation of the world. When people discuss our international credit position, their attention is centered on what we invest abroad, rather than on what foreigners invest here. Many people are discussing this matter: foreigners, because the United States is now virtually the only source of capital to which other nations may look to supplement their own savings; our own citizens, because they feel that substantial foreign investment by us is essential to the maintenance of full employment and peace." @default.
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- W2006715511 date "1952-11-01" @default.
- W2006715511 modified "2023-10-18" @default.
- W2006715511 title "Some Factors Affecting the Prospects of Foreign Investment" @default.
- W2006715511 doi "https://doi.org/10.2469/faj.v8.n5.25" @default.
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