On Measuring the Value of Private Direct Overseas Investment

  • I. M. D. Little
Part of the International Economic Association book series (IEA)


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.


Host Country Foreign Exchange International Flow Shadow Price Foreign Exchange Rate 
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  1. [1]
    The Contribution of Private Overseas Investment to Development’, Conference on International Development (Columbia, 1970): and Venture, The Fabian Society (January 1970).Google Scholar
  2. [2]
    Manual of Industrial Project Analysis, Volume II, I. M. D. Little, and J. A. Mirrlees (O.E.C.D. 1969).Google Scholar
  3. [3]
    Guidelines for Project Evaluation (UNIDO, mimeo, May 1970).Google Scholar
  4. [4]
    Effects of U.K. Direct Investment Overseas: An Interim Report, Appendix C (C.U.P. 1967 ).Google Scholar
  5. [5]
    G. D. A. MacDougall, ‘The Benefits and Costs of Private Investment from Abroad: A Theoretical Approach’, The Economic Record (1960).Google Scholar
  6. [6]
    See R. Vernon, ‘Conflict and Resolution between Foreign Direct Investors and Less Developed Countries’, Public Policy, Vol. XVII (1968).Google Scholar

Copyright information

© International Economic Association 1972

Authors and Affiliations

  • I. M. D. Little
    • 1
  1. 1.Nuffield CollegeOxfordUK

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