Buy custom Export Promotion Strategy Vs. Import Substitution Strategy
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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1706 |
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Various protection measures and incentives were provided to domestic industries. Typical practice included direct subsidies to tax exemptions, direct government investment in establishing new industries, preferential treatment in bank credits, as well as preferential treatment in imports. For example, in Turkey, the State Economic Enterprises (SEE), which was established for the purpose of industrialization, accounted for about half of the total value of industrial production...
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For example, in Turkey, the State Economic Enterprises (SEE), which was established for the purpose of industrialization, accounted for about half of the total value of industrial production. In Brazil, favored industries had access to long-term, low-real-interest rate (or even negative real rate) loans from BNDE (National Bank for Economic Development) and the Bank of Brazil...
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