United States investment in Australian manufacturing industry
Date
1965
Authors
Brash, Donald Thomas
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Abstract
Private foreign investment has been of major importĀance in Australia's post-war industrial
development.
While it is impossible to compare what has actually happened in the Australian economy with what
might have happened in the absence of a capital inflow, it seems clear that since 1945 private
foreign investors have not only added substantially to the funds available for investment in the private sector, but have also provided
access to much of
the technical knowledge and managerial skill developed in the more industrially advanced countries
of Europe and North America. The rapid growth of those sectors in which
foreign capital and foreign skills are combined in fruitful harmony has been a vital force
impelling growth throughout the economy.
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Thesis (PhD)
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