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selective interventions to allocate credit score, generally had low distortions and restricted subsidies in contrast with different growing economies. Import substitution . . . was shortly accompanied by the promotion of exports and duty-free admission of imports for exporters. The outcome was limited differences between international relative costs and domestic relative costs within the HPAEs. Market forces and aggressive pressures guided resources into activities that were according to comparative advantage and, in the case of labor-intensive exports, laid the inspiration for learning worldwide greatest practice and subsequent industrial upgrading. exposure of each import-substituting and exporting industries to worldwide competitors.” These contest-primarily based incentive structure required high The hottest product i am hulacorn unicorn galaxy full printing hooded blanketauthorities institutional capability — civil service and public establishments staffed by competent and honest civil servants. A key to the success of the HPAEs was the government’s capacity to “combine cooperation with competitors.” Export performance was the success index, and the Report argues that every different consideration was subordinated to this over-arching criterion. Thus, the emphasis on export competitiveness gave companies and bureaucrats a transparent and goal

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