Credibility and the Cost of Export Subsidies:
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 comm...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
1991
|
| Series: | IMF Working Papers
Working Paper No. 91/129 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | 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 |
| Physical Description: | 1 Online-Ressource (44 p) |
| ISBN: | 1451855087 9781451855081 |
Staff View
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| spelling | Hoffmaister, Alexander W. Verfasser aut Credibility and the Cost of Export Subsidies Hoffmaister, Alexander W Washington, D.C International Monetary Fund 1991 1 Online-Ressource (44 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 91/129 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 Online-Ausg http://elibrary.imf.org/view/IMF001/01428-9781451855081/01428-9781451855081/01428-9781451855081.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Hoffmaister, Alexander W. Credibility and the Cost of Export Subsidies |
| title | Credibility and the Cost of Export Subsidies |
| title_auth | Credibility and the Cost of Export Subsidies |
| title_exact_search | Credibility and the Cost of Export Subsidies |
| title_exact_search_txtP | Credibility and the Cost of Export Subsidies |
| title_full | Credibility and the Cost of Export Subsidies Hoffmaister, Alexander W |
| title_fullStr | Credibility and the Cost of Export Subsidies Hoffmaister, Alexander W |
| title_full_unstemmed | Credibility and the Cost of Export Subsidies Hoffmaister, Alexander W |
| title_short | Credibility and the Cost of Export Subsidies |
| title_sort | credibility and the cost of export subsidies |
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