Indonesia's Exports And Her Development Plan

B. S. Muljana

Economics and Finance in Indonesia, 1972, vol. 20, 59-70

Abstract: Economic development may be defined as a process of expanding capital formation. Capital formation is the results of succesful investments. As shown by Nurkse, successful investments require savings that can be transformed into production factors as well as effective demands that are enough to make investments profitable *. Exports contribute both to saving and demands through their contribution to income, to foreign exchange revenues, to government revenues, to the maintenance of international trustworthiness, and to foreign investments.

Keywords: export; development; income; foreign; invesment (search for similar items in EconPapers)
Date: 1972
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