Erschienen in:IMF Working Paper, Vol. , pp. 1-44, 1991
Umfang:
1 Online-Ressource (44 p)
Sprache:
Nicht zu entscheiden
DOI:
10.2139/ssrn.885169
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 1991 erstellt
Beschreibung:
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