Mixed and Joint Corporations as Tools of Economic Development: A Case Study Based on India's Experiments in New Types of Enterprises

The problem of increasing American private investment abroad presents massive difficulties. It will yield to action by the U.S. Government in the short-run only by the application of radical inducements with particular reference to noncontrolling investments in foreign securities by individuals and institutions. In the absence of such radical measures, the problem becomes one of bits and pieces to be attacked on many fronts by many agencies by many techniques. Results will be slow in coming, but the effort bust be continued and intensified. There is no plausible way other than the stimulation of private investment to assist friendly foreign countries to achieve balanced economic development.