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Jakarta Post
The Jakarta Post
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Are exports good and imports bad for the economy?

  • Harry Aginta

Jakarta | Fri, March 15 2013 | 11:00 am

PREMIUM The current deteriorating trade balance in developing countries raises a critical question: are exports still reliable for growth? It is a fact that many developing countries overstate the importance of exports; they put the cart before the horse. The correct view on exports, however, is to see that they are just the means, not the goal.

Indeed, it would be naïve to ignore the experiences...