On Measuring the Value of Private Direct Overseas Investment
There are few subjects more charged with emotion than the value of private investment to developing countries: and the Pearson Commission (later referred to as ‘Pearson’) as well as the D.A.C. have been accused of presenting it in too favourable a light. There were a number of papers, presented to the recent Columbia Conference on Internal Economic Development, which reacted strongly.
KeywordsHost Country Foreign Exchange International Flow Shadow Price Foreign Exchange Rate
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