In This Review
The Financing of Foreign Direct Investment

The Financing of Foreign Direct Investment

By Martin G. Gilman

St. Martin's, 1981, 173 pp.

The integrated world capital market that analysts speak of is not to be found in the behavior of businessmen from the mid-1960s to the late 1970s. They treated all foreign currencies as riskier than domestic financing, according to this original work. But the situation may well have changed, warns the author, who works for the OECD.