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

In: Foreign Investment, Transnationals and Developing Countries

Author

Listed:
  • Sanjaya Lall

    (Institute of Economics and Statistics)

  • Paul Streeten

    (Queen Elizabeth House and Institute of Commonwealth Studies)

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.

Suggested Citation

  • Sanjaya Lall & Paul Streeten, 1977. "‘Total’ Balance-of-Payments and ‘Social’ Income Effects: Methods of Evaluation," Palgrave Macmillan Books, in: Foreign Investment, Transnationals and Developing Countries, chapter 0, pages 156-168, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-02290-8_8
    DOI: 10.1007/978-1-349-02290-8_8
    as

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