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Instruments for export policy and administration : lessons from the East Asian experience (English)

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  • Instruments for export policy and administration : lessons from the East Asian experience (English)
  • Rhee, Yung Whee
  • World Bank (WB)


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Title Instruments for export policy and administration : lessons from the East Asian experience (English)
Similar Titles
Material Type Reports
Author(English)

Rhee, Yung Whee

Publisher

World Bank (WB)

Date 1985
ISBN 0-8213-0519-0
Language English
File Type Link
Subject Economy < Trade

Abstract

By examining the specific policy and administrative instruments that successful East Asian countries used to carry out their outward-looking development strategies, this paper attempts to draw practical lessons for other developing countries, especially those at an earlier stage of developing their export capabilities. Focusing more on useful specifics than on broad generalities, the paper provides a foundation from which specific guidelines needed for policy and administrative reforms and institution building can be derived. The discussion presented in this paper centers around two key concepts: "neutral status" and "extended neutral status." Neutral status enables exporters to compete with foreign competitors in world markets on an equal footing in regard to undistorted markets and policies. Extended neutral status enables incentives between export and import substitution firms. The paper also discusses the unconventional policy instruments for export development and stresses the critical contributions of effective institutional mechanisms to the export successes in the East Asian countries.