The effect of migration and home remittances .on the shadow prices of labour and foreign exchange is analysed here, taking into consideration changes in their social marginal productivities.It is argued tha r appreciation of currency, due to large capital inflows and not to increased...

BRUTONOver the past several years, the import-substitution strategy of development has been examined in considerable detail by numerous economists. For the most part, these studies have been concerned with one or another side of this many-sided approach to development policy. It now seems useful...

The purpose of this paper is to present an interim report on a study of the Export Bonus Scheme now underway at the Institute. The Institute plans to publish in monograph form later this year a complete report of its findings on this subject. The objective in making this preliminary report...