Credibility And Cost Of Export Subsidies
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Author | : Mr.Alexander W. Hoffmaister |
Publisher | : International Monetary Fund |
Total Pages | : 44 |
Release | : 1991-12-01 |
Genre | : Business & Economics |
ISBN | : 1451855087 |
Recurring balance of payments crises in countries that pursued import substitution have led some of them to establish a variety of export incentives, in particular subsidies, as a way to revive and re-orient their economies. However, exporters are likely to be uncertain of the government’s commitment to export promotion because of the years of neglect. This paper analyzes the issue of the credibility of export subsidies and suggests that a government is able to convince exporters of its commitment only at a cost, which reduces the attractiveness of promoting exports by means of subsidies.
Author | : Alexander W. Hoffmaister A. |
Publisher | : |
Total Pages | : 29 |
Release | : 1991 |
Genre | : |
ISBN | : |
Author | : Alexander Hoffmaister |
Publisher | : |
Total Pages | : |
Release | : 1991 |
Genre | : |
ISBN | : |
Author | : Alexander W. Hoffmaister |
Publisher | : International Monetary Fund |
Total Pages | : 38 |
Release | : 1991-10 |
Genre | : Business & Economics |
ISBN | : |
This paper develops a model to estimate the effects of export subsidies on the supply of exports. Using data for Costa Rica over the 1980’s, it is shown that while the export subsidy scheme in operation led to an increase in exports, the direct fiscal costs of the scheme were quite large. Furthermore, the subsidy scheme led to a significant increase of imports. These results suggest that elimination of export subsidies would not have a particularly harmful effect on the trade balance, and would increase the fiscal position and generate economic efficiency besides.
Author | : Jason Katzman |
Publisher | : Skyhorse Publishing Inc. |
Total Pages | : 385 |
Release | : 2011-03-23 |
Genre | : Business & Economics |
ISBN | : 1616081112 |
Here is practical advice for anyone who wants to build their business by selling overseas. The International Trade Administration covers key topics such as marketing, legal issues, customs, and more. With real-life examples and a full index, A Basic Guide to Exporting provides expert advice and practical solutions to meet all of your exporting needs.
Author | : Mr.Carlo A Sdralevich |
Publisher | : International Monetary Fund |
Total Pages | : 130 |
Release | : 2014-07-09 |
Genre | : Business & Economics |
ISBN | : 1498350437 |
In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.
Author | : Mr.Benedict J. Clements |
Publisher | : International Monetary Fund |
Total Pages | : 390 |
Release | : 2013-09-13 |
Genre | : Business & Economics |
ISBN | : 1484339169 |
Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book provides the most comprehensive estimates of energy subsidies currently available for 176 countries and an analysis of “how to do” energy subsidy reform, drawing on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.
Author | : Kevin Watkins |
Publisher | : Oxfam |
Total Pages | : 278 |
Release | : 2002 |
Genre | : Social Science |
ISBN | : 9780855985257 |
A critical and detailed analysis of inequalities of world trade systems.
Author | : José Guilherme Moreno Caiado |
Publisher | : Cambridge University Press |
Total Pages | : 277 |
Release | : 2019-05-02 |
Genre | : Business & Economics |
ISBN | : 1108474322 |
Examines the WTO rules governing industrial subsidies, as established by the SCM Agreement and interpreted by relevant case law.
Author | : Mr.Trevor Serge Coleridge Alleyne |
Publisher | : International Monetary Fund |
Total Pages | : 125 |
Release | : 2013-08-12 |
Genre | : Business & Economics |
ISBN | : 1484366549 |
The reform of energy subsidies is an important but challenging issue for sub-Saharan African (SSA) countries. There is a relatively large theoretical and empirical literature on this issue. While this paper relies on that literature, too, it tailors its discussion to SSA countries to respond to the following questions: Why it is important to reduce energy subsidies? What are the difficulties involved in energy subsidy reform? How best can a subsidy reform be implemented? This paper uses various sources of information on SSA countries: quantitative assessments, surveys, and individual (but standardized) case studies.