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Full Description
This title was first published in 1975: The question of development finance in underdeveloped countries is ultimately one of the use of the surplus: how can a significant part of that share of national income above a nation's culturally determined subsistence requirem ents be channeled into investment ? In every society an elaborate system of claims on the surplus exists, whether as a m aterial expression of the fealty owed to elders and chiefs in tribal society or the rent, interest, and profits due the owners of capital in capitalist society. Part of a revivals collection.
Contents
Preface. 1 Property ownership, class relations, and the national savings-investment ratio. 2 The property share in the rural sector. 3 The contribution of the land reform to investment finance. 4 The land reform in international historical context. Appendix. About the author.



