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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.
Export Entrepreneurship: This need be developed by providing necessary facilities and making export an attractive and profitable business proposition. In this connection, it
RECENT DEVELOPMENT IN DEMAND ANALYSIS: For many years economic theorists analysed the optimal behaviour of consumers while econometricians estimated consumer demand and expend
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Joe won $365,000 a year for life in the state lottery. Use a labor-leisure choice analysis to answer the following: a. Show how Joe’s lottery winnings affect the position of his b
How equilibrium is achieved under monopoly
I need help with filling out the bank balance sheet.
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