How Should Tariffs be Structured?

How Should Tariffs be Structured?
Author: Arvind Panagariya
Publisher: World Bank Publications
Total Pages: 37
Release: 1990
Genre: Developing countries
ISBN:

Should all imports be taxed at uniform rates? Should intermediate inputs be subject to import duties? If so, should duty drawbacks play a role in exports?

Voluntary Export Restraints and Resource Allocation in Exporting Countries

Voluntary Export Restraints and Resource Allocation in Exporting Countries
Author: Jaime De Melo
Publisher: World Bank Publications
Total Pages: 45
Release: 1990
Genre: Export controls
ISBN:

By reducing the marginal revenue of the factors of production , a voluntary export restraint (VER) causes an exporting country's industry to contract. Efficiency losses depend on whether sales can be diverted from restricted to unrestricted markets. A VER is likely to produce a welfare loss if demand is relatively elastic and supply is not.

The Savings and Loan Problem in the United States

The Savings and Loan Problem in the United States
Author: Stanley C. Silverberg
Publisher: World Bank Publications
Total Pages: 58
Release: 1990
Genre: Bank failures
ISBN:

The institutional arrangements for U.S. savings and loan institutions were a disaster waiting to happen. Recent economic events and government policies made it a big disaster. Developing countries can learn some important lessons from this experience.

How Indonesia's Monetary Policy Affects Key Variables

How Indonesia's Monetary Policy Affects Key Variables
Author: Sadiq Ahmed
Publisher: World Bank Publications
Total Pages: 31
Release: 1990
Genre: Foreign exchange rates
ISBN: 3960928203

Because of unrestricted capital movements, interest rate parity conditions prevail in Indonesia. To some extent, inflation can be reduced by slowing the growth of money. A managed float is appropriate for maintaining a competitive exchange rate. And real depreciation is needed to compensate for unanticipated decline in oil income.