Chandra, Vandana; Khan, M Ali - In: Economica 60 (1993) 237, pp. 79-103
In the context of a segmented economy in which the urban unemployed subsist in informal-sector activities, Earl Grinols (1991) has recently questioned conventional wisdom whereby foreign investme nt with repatriated earnings is necessarily immiserizing for the host country. In this paper, the...