Export Promotion as a Development Strategy (Classic Reprint)

Language: English

Published by Forgotten Books, 2024

1333252048 / 9781333252045

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book explores the advantages of promoting exports as a development strategy, considering the complexities inherent in such a policy. While the author acknowledges that export promotion has led to economic growth in some countries, they caution that it may not be universally beneficial. The author presents a model highlighting the potential for externalities in export industries, where one firm's increased exports benefit others in the sector. To mitigate this, they propose export subsidies. However, they also argue that these subsidies can create distortions and may only be effective in countries capable of producing high-quality goods. The book contends that in equilibrium, the capacity installed in the export sector can serve as a signal of the quality of the exportable good. Countries with inherently low-quality production may subsidize exports to mask this, leading to high initial prices. However, equilibria exist where only high-quality exporters can afford the necessary subsidies, leaving those unable to produce quality goods out of the market. The author warns that promoting exports in all countries may actually harm those capable of producing high-quality goods, as they may be forced to subsidize more heavily to differentiate themselves. Alternatively, it may lead to lower prices for their products. Despite the potential pitfalls, the book emphasizes that promoting exports can be beneficial in certain circumstances, particularly for countries with high-quality production capabilities. It provides insights into the complexities of export promotion policies and their impact on economic development. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…

Seller Inventory # 9781333252045_0

Title
Export Promotion as a Development Strategy (Classic Reprint)
Author
Julio J. Rotemberg
Publisher
Forgotten Books
Publication year
2024
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1333252048
ISBN 13
9781333252045
Seller catalogs
Economics

Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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