Industrial cooperation as an instrument of development policy
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Abstract
The spectacular opening of the People’s Republic of China to the capitalist world market and the flourishing state of East-West cooperation—up to the Afghanistan crisis—show that cooperation with more advanced industrial countries in selected fields is seen as a promising means of speeding industrial progress. Essential for the industrialization and modernization of less developed economies are—apart from convertible finance—the transfer and diffusion of technical and organizational know-how from countries in a more advanced state of development. The opportunities for industrial interstate and interenterprise cooperation between partners from developing and industrialized countries are analysed in the following article.
Keywords
Foreign Investment Direct Investment Joint Venturis Foreign Partner Advanced Industrial CountryPreview
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