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The Asian Dollar and Free Gold Markets in Singapore

The Asian Dollar and Free Gold Markets in Singapore »

Source: Finance & Development, June 1971

Volume/Issue: 8/2

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1971

ISBN: 9781616353032

Keywords: capital goods, expenditure, expenditures, investment expenditures, capital ? expenditures

This paper examines the difference between 'capital' and 'investment' for developing countries. The paper highlights that investment in material capital is merely one of the factors involved in economic development...