Suchergebnisse

On June 3, 1960, the International Finance Corporation (IFC) announced an agreement with three other investors to invest the equivalent of £2.3 million in the Kilombero Sugar Company, Ltd., in Tanganyika, for a sugar production and refining project estimated to cost £3.2 million, production to begin in 1962. The investment was represented by the equivalent of £1.15 million in debentures bearing 7 percent interest and maturing by 1973; by, £500,000 in convertible income notes maturing by 1975 without fixed interest and bearing returns contingent on earnings; by, £650,000 in share capital; and by an option on ordinary shares. Additional financing for the project was to come from an issue of convertible preferred shares, totaling, £700,000, by the Standard Bank of South Africa and the Colonial Development Corporation, to be offered for sale to residents of Tanganyika.

Introduction -- Surfaces of inscription -- Theory of risk -- Theory of regulation -- Regulating risk -- The political arena -- Conclusion

The major international economic institutions established after World War II, such as the International Monetary Fund (IMF) and the General Agreement on Tariffs and Trade (GATT), had the economic disintegration of the Great Depression as their historical heritage. The lessons learned from that experience were twofold: National governments can and should take an active role in achieving national economic stabilization objectives, and one state's economic policies can and often will work at cross-purposes with those of another. The role of international institutions in such circumstances is to harmonize national policies so that international conflict is avoided.

"More than 1,700 official, documentary, semi-official and non- official sources of information on the finances and economics of twenty-six European countries, sixteen Latin-American countries, Canada, Australia and certain Asiatic and Far-eastern countries." ; On cover: A bibliography for those interested in foreign securities. ; Mode of access: Internet.