Economic and Social Survey of Asia and the Far East 1967

image of Economic and Social Survey of Asia and the Far East 1967

This latest edition of the Survey analyzes current economic and social developments in the region against the background of events in the world economy. It also focuses on the serios problems of growth and transformation of the area's least developed and Pacific Island developing economies.



The inducement of exports: Fiscal techniques and foreign exchange policies

The present chapter deals broadly with policies that are intended to modify the profitability of production for export or the prices at which goods from developing countries are offered to foreign buyers. It thus touches on tax inducements to producers, policies of import entitlement and straight exchange rate inducements, including policies which involve the creation of partial free markets for foreign exchange. The basic aim is always to increase foreign exchange income, whether from the sale of a given physical volume of commodities or through an increase of sales.


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