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This article is presented before the 19th Annual Meeting of the Philippine Economic Society at the Manila Hotel on December 11, 1982. This article argues that in contrast with the industrial and trade policies in the past two decades that have promoted inward-looking industrial development,...
Persistent link: https://www.econbiz.de/10005092835
This study examines the general equilibrium effects of different export promotion policies on imports and production of importables and exportables. Unlike other studies, land as a factor input in the production function has been included. Thus, this article develops a three-factor production...
Persistent link: https://www.econbiz.de/10005092862
Stimulated by the success of the East Asian dragons, commitment on the design and administration of export promotion policies have been renewed. Against the backdrop of protection structure, the first-best solution to the problem is the complete overhaul of the protection structure. In the event...
Persistent link: https://www.econbiz.de/10005092909
How much support is the Philippine government giving to its export sector by means of its financing schemes? Are the small and indirect exporters given preference or assistance? How supportive is the entire export financing system in the country to the attainment of an export-driven development...
Persistent link: https://www.econbiz.de/10005685893
Under the Common Effective Preferential Tariffs (CEPT) scheme of the ASEAN free trade, tariffs on ASEAN products will be progressively reduced to 0-5 percent. Such move benefits exporters to ASEAN markets but harms local producers competing with ASEAN imports in the domestic market. Analysis of...
Persistent link: https://www.econbiz.de/10005490091
The government of Rwanda has recognized that economic development in most areas would have to be the responsibility of the private sector (particularly since military and civil service employment would be reduced), but that the public sector could still have a role in promoting economic equality...
Persistent link: https://www.econbiz.de/10005591453
This paper reviews economic developments in Guinea during 1990–95. In 1995, expectations arising from the new discoveries of sizable oil reserves and double-digit growth in the non-oil economy—led by the timber industry—dominated economic developments. However, the fiscal...
Persistent link: https://www.econbiz.de/10005591523
The paper estimates a behavioral equilibrium exchange rate model for Ghana. Regression results show that most of the REER's long-run behavior can be explained by real GDP growth, real interest rate differentials (both relative to trading-partner countries), and the real world prices of Ghana's...
Persistent link: https://www.econbiz.de/10005605413
The experience of developing countries over 1990-2010 indicates that commodity prices have a significant impact on fiscal outcomes. Both revenue and expenditure rise in response to commodity (import or export) price increases; the response of the fiscal deficit is ambiguous. A floating exchange...
Persistent link: https://www.econbiz.de/10010790362
Under the Common Effective Preferential Tariffs (CEPT) scheme of the ASEAN free trade, tariffs on ASEAN products will be progressively reduced to 0-5 percent. Such move benefits exporters to ASEAN markets but harms local producers competing with ASEAN imports in the domestic market. Analysis of...
Persistent link: https://www.econbiz.de/10011184704