‘Total’ Balance-of-Payments and ‘Social’ Income Effects: Methods of Evaluation

Sanjaya Lall and Paul Streeten
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Paul Streeten: Queen Elizabeth House and Institute of Commonwealth Studies

Chapter Chapter 8 in Foreign Investment, Transnationals and Developing Countries, 1977, pp 156-168 from Palgrave Macmillan

Abstract: Abstract The primary aim of our research project, to quantify the balance-of-payments effects of particular foreign investments, may not at first sight appear to raise any great theoretical difficulties. The immediate balance-of-payments effects of an investment, given by the direct impact of its operations on the host country’s foreign exchanges, have all been discussed already, and have been shown to raise a number of problems regarding oligopolistic practices, regulation and bargaining — all issues of great practical importance, but not particularly complex or baffling from the viewpoint of economic theory.

Keywords: Foreign Investment; Foreign Firm; Income Effect; Foreign Capital; Shadow Price (search for similar items in EconPapers)
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-02290-8_8

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DOI: 10.1007/978-1-349-02290-8_8

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