The Impact of Foreign Capita Transfers on Developing Country Agriculture

Exact date of working paper unknown.The impact of foreign capital transfers on developing country agriculture is examined for 13 major borrowers during the period 1973-82. Large foreign capital transfers permit over-valued exchange rates to develop or continue, and these penalize agriculture by reducing the incentives to export and by increasing the incentives to import. Results indicate that an increasing ratio of foreign debt to GNP is associated with an increasing ratio of agricultural imports to GNP and a decreasing ratio of agricultural exports to GNP. It is concluded that further borrowing by debtburdened countries is unlikely to solve their basic problems unless accompanied by the appropriate economic policy changes necessary for long-term economic growth

Large Foreign Capital Transfers: Do They Harm Developing Country Agriculture?

The impact of foreign capital inflows on developing country agriculture is examined for 73 developing countries for the period 1973-83. It is concluded that further borrowing by debt-burdened countries is unlikely to solve their agricultural production problems unless accompanied by the appropriate economic policy changes necessary for long term economic growth

Have Foreign Capital Inflows Adversely Affected Agriculture in Developing Countries?

The impact of foreign capital inflows on developing country agriculture is examined for 73 developing countries for the period 1973-83. It is concluded that further borrowing by debt-burdened countries is unlikely to solve their basic problems unless accompanied by the appropriate economic policy changes necessary for long-term economic growth