Some Aspects of Investment and Economic Development in the Continent of Africa

Abstract

Opening ParagraphTo endeavour to epitomize the problems of capital investment in a continent in a few pages must in itself be regarded as presumptuous; to make the attempt when that continent is Africa, with its immense regional, political, and racial diversities, may well be foolhardy. Therefore in submitting this note, in response to the invitation of the Interim Committee of the International Economic Association that I should set down some headings for discussion at its conference, I have endeavoured to focus attention on some fundamental issues which are in some degree common to Africa south of the Sahara.