Abstract
In view of the preponderant role investments play at present in any development policy, it may well be worthwhile examining whether it would not be advisable in drawing up future aid schemes to lay greater emphasis on the stimulation of consumption.
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References
Eppler, Erhard: Preface to “Die entwicklungspolitische Konzeption der Bundesrepublik Deutschland und die internationale Strategie für die Zweite Entwicklungsdekade” (The development-political conception of the Federal Republic of Germany and the international strategy for the Second Development Decade), published by the Federal Ministry for Economic Cooperation, Bonn 1971, p. 3.
Cf. ibid., p. 19.
Cf. ibid., p. 20.
Cf. Smithies, A., “Rising Expectations and Economic Development”, in: The Economic Journal, vol. LXXI, June 1961, p. 257.
Cf. Rogers, M., and Beal, George M., “Technischer Wandel, Industrialisierung und Urbanisation” (Technical Change, Industrialisation and Urbanisation), in: Soziologie der Entwicklungsländer (Sociology of Developing Countries), published by Peter Heintz, Köln-Berlin, 1962, pp. 257.
Cf. Drucker, Peter F., “Marketing and Economic Development”, in: Journal of Marketing, vol. XXI, January 1958, p. 252.
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University of Erlangen-Nürnberg.
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Müller-Heumann, G., Böhringer, R. Stimulating consumption — an alternative?. Intereconomics 8, 344–347 (1973). https://doi.org/10.1007/BF02927782
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DOI: https://doi.org/10.1007/BF02927782