Export Promotion as a Development Strategy (Classic Reprint)

Lingua: inglese

Editore: Forgotten Books, 2024

1333252048 / 9781333252045

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Da: Forgotten Books, London, Regno UnitoForgotten Books

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Print on Demand. This book explores the advantages of promoting exports as a development strategy, considering the complexities inherent in such a policy. While the author acknowledges that export promotion has led to economic growth in some countries, they caution that it may not be universally beneficial. The author presents a model highlighting the potential for externalities in export industries, where one firm's increased exports benefit others in the sector. To mitigate this, they propose export subsidies. However, they also argue that these subsidies can create distortions and may only be effective in countries capable of producing high-quality goods. The book contends that in equilibrium, the capacity installed in the export sector can serve as a signal of the quality of the exportable good. Countries with inherently low-quality production may subsidize exports to mask this, leading to high initial prices. However, equilibria exist where only high-quality exporters can afford the necessary subsidies, leaving those unable to produce quality goods out of the market. The author warns that promoting exports in all countries may actually harm those capable of producing high-quality goods, as they may be forced to subsidize more heavily to differentiate themselves. Alternatively, it may lead to lower prices for their products. Despite the potential pitfalls, the book emphasizes that promoting exports can be beneficial in certain circumstances, particularly for countries with high-quality production capabilities. It provides insights into the complexities of export promotion policies and their impact on economic development. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.

Codice articolo 9781333252045_0

Titolo
Export Promotion as a Development Strategy (Classic Reprint)
Autore
Julio J. Rotemberg
Editore
Forgotten Books
Anno di pubblicazione
2024
Condizione
New
Tipo di libro
print-on-demand item
Rilegatura
Paperback
Lingua
inglese
ISBN 10
1333252048
ISBN 13
9781333252045
Cataloghi dei venditori
Economics

Forgotten Books

London, Regno Unito

Venditore con 5 stelle

Venditore AbeBooks dal 2 giugno 2021

Tariffe di spedizione da Regno Unito a U.S.A.

ArticoloDa 5 a 10 giorni lavorativiDa 5 a 10 giorni lavorativi
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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