Developing country debt /
Developing country debt /
- New York : Pergamon Press, c1979.
- xi, 309 p. :ill,
- Pergamon policy studies on socio-economic development .
Includes bibliographical references and index.
The book attempt to evaluate the effects which the overseas
operations of American multinational firms have on domestic employment and income, a subject about which there is much strong feeling and a not inconsiderable amount of literature. They take issue with existing studies on several grounds; in particular, their failure to examine the question what would have happened in the absence of direct foreign investment (DFI). For this purpose they develop a short-run micro-model in Chapter 3 for estimating the degree of substitutability of home production for foreign production under two alternative policy regimes, when: a) there are no restrictions on the firm's activities, and b) it is denied the option of establishing a foreign production subsidiary.
0080238645
Debts, Public
Developing countries
HJ8899 / .D48 1979
336.3'4091724 / DEV
Includes bibliographical references and index.
The book attempt to evaluate the effects which the overseas
operations of American multinational firms have on domestic employment and income, a subject about which there is much strong feeling and a not inconsiderable amount of literature. They take issue with existing studies on several grounds; in particular, their failure to examine the question what would have happened in the absence of direct foreign investment (DFI). For this purpose they develop a short-run micro-model in Chapter 3 for estimating the degree of substitutability of home production for foreign production under two alternative policy regimes, when: a) there are no restrictions on the firm's activities, and b) it is denied the option of establishing a foreign production subsidiary.
0080238645
Debts, Public
Developing countries
HJ8899 / .D48 1979
336.3'4091724 / DEV