Lipsey, Robert E.; Sjöholm, Fredrik - The European Institute of Japanese Studies, … - 2002
Wages in domestically- owned Indonesian manufacturing plants taken over by foreign firms increased sharply between the … levels in these plants had been less than 10 per cent above and white- collar wages more than 10 per cent below those in … their industries a year before takeover. Two years after takeover both were more than 50 per cent above average. Wages in …