The paper has made an attempt to analyze the effects of liberalized trade and investment policies on welfare and open unemployment in a developing economy in terms of a three sector Harris-Todaro type general equilibrium model. Following empirical evidence it is assumed that there is wage...

Foreword (by Sugata Marjit, Reserve Bank of India Professor of Industrial Economics and Director, Centre for Studies in Social Sciences, Calcutta (CSSSC), Kolkata, India) -- Chapter 1. Role of FDI in Developing Countries: Basic Concepts and Facts -- Chapter 2. General Equilibrium Models:...

The paper has made a modest attempt to analyze the effects of liberalized trade and investment policies on welfare and open unemployment in a developing economy in terms of a three sector Harris-Todaro (1970) type general equilibrium model. Following empirical evidence it is assumed that there...