Building up a stable and viable export production base, Microeconomics

Assignment Help:

Building up a Stable and Viable Export Production Base:

It is necessary to make a deliberate production plan and to earmark a part of production for export even if there is a pressure of domestic demand on export supplies. In this connection, D.V. Kapur Committee suggested: (i) inducing domestic producers through more incentives to export, (ii) building in an advantage in attaining economies of scale, and (iii) further liberalisation of the licensing policies aimed at injecting intense competiton. As to the infrastructure, we can distinguish between national infrastructure and international infrastructure. The former refers to all the 'facilities' that are available within the country and the latter to the network of facilities outside the borders of the country. Both these categories of infrastructure include  the following: (a) institutional framework providing export services, advice on import management, etc., (b) network of information collection, dissemination, publicity, image-building, etc., (c) transport and communication services; (d) banking services; (e) system of trading houses, clearing agents, etc., (f) research, analysis of market potential and its behaviour, new techniques of export/import strategies, training of managerial personnel and export/import decision-making and management, etc. 


Related Discussions:- Building up a stable and viable export production base

Approach of characterizing modern economic environment, Explain the approac...

Explain the approach of characterizing the modern economic environment. Modern economics gives various perspectives or angles to seem at real world economic issues. An economic

International development association, INTERNATIONAL DEVELOPMENT ASSOCIATIO...

INTERNATIONAL DEVELOPMENT ASSOCIATION: International Development Association (IDA) is an affiliate of the IBRD. It was established in 1960 to provide "soft loans" to economica

Market equilibrium, Assume that milk operates in a perfectly competitive ma...

Assume that milk operates in a perfectly competitive market, use a well labeled demand and supply model to explain how market equilibrium price of milk is being determined.

Preferences toward risk, PREFERENCES TOWARD RISK * Choosing Among Risky...

PREFERENCES TOWARD RISK * Choosing Among Risky Alternatives - Assume - Consumption of a single commodity - The consumer knows all probabilities - Payoffs measured i

Laspeyres index, Laspeyres index The Laspeyres index tells us that: ...

Laspeyres index The Laspeyres index tells us that: - The amount of money at present year prices which an individual requires to purchase bundle of goods and services which w

Demand for the big mac on the rise, illustrate and explain the changing dem...

illustrate and explain the changing demand for big mac using the indifference curve and budget line

Is there a trade-off between inflation and unemployment, Is there a trade-o...

Is there a trade-off between inflation and unemployment? The Keynesian side posits that policies can indeed be used to stimulate demand - demand-side policies - and those mar

Economic planning, what are the recommendations for effective economic plan...

what are the recommendations for effective economic planning?

#titleindirect utility function .., #question.hif indirect utility function...

#question.hif indirect utility function is givenhow to derive the demand function .

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd