In This Review

The United States and Foreign Investment Problems
The United States and Foreign Investment Problems
By Cleona Lewis
Brookings Institution, 1948, 359 pp.

This is a very solid contribution to a discussion that is causing a lot of head-scratching around the world. First Miss Lewis surveys the changed position of the world's debtors and creditors from 1938 to 1947, providing a lot of valuable data. She then gives special attention to problems of providing capital for economic development and the many factors that make investors hesitate to venture their money abroad. The final third of the book is a comprehensive survey of the policy of the United States Government as a foreign lender and in relation to its private investors and their property abroad.