Neutrality and Export Promotion: Issues, Evidence and Policy Implications

Chris Milner and Andrew McKay

Chapter 5 in Trade and Development, 1996, pp 61-80 from Palgrave Macmillan

Abstract: Abstract In one of Bhagwati’s many important contributions on trade and development, he posed the following question: What exactly is meant by an export-promoting trade strategy? Unless we are clear on that critical question, we cannot properly debate the merits of the strategy and its alternatives. Clarification of the question is therefore important, especially as the everyday usage of this phrase evokes many different notions that are wholly unrelated. (Bhagwati, 1990, p. 17)

Keywords: Real Exchange Rate; Trade Strategy; Income Effect; Import Substitution; Commercial Policy (search for similar items in EconPapers)
Date: 1996
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DOI: 10.1007/978-1-349-25040-0_5

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