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

  • Sanjaya Lall
  • Paul Streeten


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.


Foreign Investment Foreign Firm Income Effect Foreign Capital Shadow Price 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Sanjaya Lall and Paul Streeten 1977

Authors and Affiliations

  • Sanjaya Lall
    • 1
  • Paul Streeten
    • 2
  1. 1.Institute of Economics and StatisticsOxfordUK
  2. 2.Queen Elizabeth House and Institute of Commonwealth StudiesOxfordUK

Personalised recommendations