Commercial Policy in War Time And After; a Study of the Application of Democratic Ideas to International Commercial Relations
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In our eReader you can find the full English version of the book. Read Commercial Policy in War Time And After; a Study of the Application of Democratic Ideas to International Commercial Relations Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Commercial Policy in War Time And After; a Study of the Application of Democratic Ideas to International Commercial Relations
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By establishing methods for equally dis- tributing loans and concessions, the temptation to bribe weak Governments and the necessity for diplomatic pres- sure would lessen, and the enterprises would become less 336 FOREIGN INVESTMENT and less political and more and more, what they should be, merely commercial. In the second place, the commis- sion would have the duty of protecting the borrowing nation from exploitation and undue political pressure and of adjusting disputes between it and the le...nder. It should have power to fix the terms of loans and conces- sions. Its supervision, by creating security, would enable undeveloped nations to get capital on reasonable terms and at the same time make foreign investments safe for the investor. In case disputes arose between local gov- ernments and the foreign commercial interests, as, for example, when revolutionary changes in government are resorted to as a means of avoiding the payment of debts, appeal for support to the foreign office of the home Gov- ernment of the investors should not be permitted, but should be required to be made to the commission.
What to read after Commercial Policy in War Time And After; a Study of the Application of Democratic Ideas to International Commercial Relations?
You can find similar books in the "Read Also" column, or choose other free books by Culbertson, William Smith, 1884-1966 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
By establishing methods for equally dis- tributing loans and concessions, the temptation to bribe weak Governments and the necessity for diplomatic pres- sure would lessen, and the enterprises would become less 336 FOREIGN INVESTMENT and less political and more and more, what they should be, merely commercial. In the second place, the commis- sion would have the duty of protecting the borrowing nation from exploitation and undue political pressure and of adjusting disputes between it and the le...nder. It should have power to fix the terms of loans and conces- sions. Its supervision, by creating security, would enable undeveloped nations to get capital on reasonable terms and at the same time make foreign investments safe for the investor. In case disputes arose between local gov- ernments and the foreign commercial interests, as, for example, when revolutionary changes in government are resorted to as a means of avoiding the payment of debts, appeal for support to the foreign office of the home Gov- ernment of the investors should not be permitted, but should be required to be made to the commission.
What to read after Commercial Policy in War Time And After; a Study of the Application of Democratic Ideas to International Commercial Relations?
You can find similar books in the "Read Also" column, or choose other free books by Culbertson, William Smith, 1884-1966 to read onlineMoreLess
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