Discover and read the best of Twitter Threads about #exporters
Most recents (11)
#Pakistan is going thru a complex #macro situation. At its heart is one symptom: the #CAD. Because the CAD has been perennial, this long-standing symptom translated into large foreign liabilities. Short 🧵👇
Now we have dissaggregated @StateBank_Pak data on #Pakistan's #trade performance for the full of the FY22.
This thread will show performance in #values. not #volumes. Keep in mind FY22 was extraordinary in terms of high #prices, both for #imports and #exports. 👇👇👇🧵
This thread will show performance in #values. not #volumes. Keep in mind FY22 was extraordinary in terms of high #prices, both for #imports and #exports. 👇👇👇🧵
Since this article on #import duties as implicit #export taxes went to 'print', I received some very good feedback, so let me add two points below to add clarity mechanisms at play here. 👇👇
1\ An 'innocent' 10% #import duty on bikes increases the relative profits of selling domestically versus #exporting by 40%! thus deterring new #exporters [assumptions are based on @PBSofficialpak numbers!]
Table below takes you through it. #Pakistan #Trade 👇👇
Table below takes you through it. #Pakistan #Trade 👇👇
2\ From a #policy angle, how do you shift from an #ImportSubstitution mindset (which is the same as saying #Export substitution one) to an #Export led growth one? All of a sudden? No. Here are some ideas. #Pakistan
PS: thanks to @MOPasha84 for helping make the case clearer.
PS: thanks to @MOPasha84 for helping make the case clearer.
87/chin #ChinaEcon 🧵
89/chin #China #GDP #Investment collapse (they had reduced 2019 no's to get higher growth rate for 2020) 🧵
President Joe Biden’s planned US$1.9trn fiscal support package for the US economy may provide a metaphorical shot in the arm for at least some emerging markets, partially offsetting the negative economic effects caused by the delayed rollout of actual coronavirus inoculations.
With US consumers likely to spend much of their cash handouts on imported goods, Biden’s package is good news for Asia’s emerging market exporters. Meanwhile, domestic demand in the emerging world is set to remain subdued through 2021.
In this video interview, Udith Sikand assesses the conflicting forces affecting emerging economies, and identifies this year’s potential winners and losers. vimeo.com/502924512 #assetallocation #em #emergingmarkets #interview #asia #exporters
Wanted to analyze #Pakistan's #export performance, benchmarking with structural and aspirational countries, along 4 dimensions - #growth, #diversification, #quality, #survival. Thread below: 👇👇👇
1/n Since the turn of the century, #Pakistan has become a more inward oriented economy, with exports/GDP falling from 16 to 10%.
2/n As a result, #Pakistan's share of world markets fell from 16USD to 12USD out of every 1000USD traded between 1990 and 2019. #Bangladesh moved from 5 to 18USD in the same period. #Vietnam from 14 to 113USD!!!
Personal #tradeXpresso thread: Today is a special day, as it’s been more than 10 years since I’m doing my current job. Before turning a professional page, it’s time to look back at the difference the #ChiefEconomist team and I made in @Trade_EU. At least 10 things came to mind:
1. #SMEs were not seen as important. Now they are key for @Trade_EU! econpapers.repec.org/paper/risdgtce…
2. #Services trade data didn’t have #ModesOfSupply! Now they do! Thanks to @EU_Eurostat @wto @RBKoopman @riina_kerner trade.ec.europa.eu/doclib/docs/20…
#RBI cut by 40bps each of these👇
#Repo rate to 4%
#ReverseRepo to 3.35%
#BankRate to 4.25%
Decision was reached after 5:1 vote,with #ChetanGhate,lone voice calling for 25 bps cut
#MPC meet was held ahead of schedule from 3rd-5th,June
#EMI #moratoroum extended by 3 more months
#Repo rate to 4%
#ReverseRepo to 3.35%
#BankRate to 4.25%
Decision was reached after 5:1 vote,with #ChetanGhate,lone voice calling for 25 bps cut
#MPC meet was held ahead of schedule from 3rd-5th,June
#EMI #moratoroum extended by 3 more months
Moratorium extension till 31st August 2020,is both timely &reflective of @narendramodi govt's alacrity--Big relief to #MiddleClass
Measure to convert #moratorium interest payment into #TermLoan payable in FY21,is helpful
This will reduce #NPAs &stress on banks' balance sheets
Measure to convert #moratorium interest payment into #TermLoan payable in FY21,is helpful
This will reduce #NPAs &stress on banks' balance sheets
#RBI's cut in #Repo will reduce cost of funds&extension of #moratorium will be supportive of financial stability;#Rates across #YieldCurve will move lower from current levels
Fall in #ReverseRepo rate will disincentivise banks from #hoarding #liquidity&coax them to lend
#Covid
Fall in #ReverseRepo rate will disincentivise banks from #hoarding #liquidity&coax them to lend
#Covid
The @worldbankgroup conducted a series of private sector stakeholder consultations with 254 private sector representatives of #Pakistani exporters in the manufacturing, agro processing, and services sectors to identify key challenges to #exports competitiveness.
1. Identified the need to put a cap on the gas and #electricity tariffs faced by exporting entities to cut energy costs to reverse the effect on cash flows, especially in comparison with competitor #economies (Bangladesh, India, Vietnam)
001/ [article content in this tweet series 001-180 reproduced with permission from Martin Howe QC of Lawyers for Britain @lawyers4britain]
#quote "Leaving the EU on WTO terms: pulling down the barriers to world trade
Introduction: why prices will FALL after Brexit, not rise" /002
#quote "Leaving the EU on WTO terms: pulling down the barriers to world trade
Introduction: why prices will FALL after Brexit, not rise" /002
002/ #quote "Over the past couple of weeks, the media have been full of lurid scare stories about what will happen if the UK leaves the EU on WTO terms, because negotiations with the EU do not result in a withdrawal agreement." /003
#tariffs #NoDeal #Brexit #WTO #ProjectFear #shortages #food #medicines
003/ #quote "One of the most ridiculous and UNJUSTIFIED of these absurd scare stories is that it will lead to higher prices, and even shortages, of foods and medicines." /004
003/ #quote "One of the most ridiculous and UNJUSTIFIED of these absurd scare stories is that it will lead to higher prices, and even shortages, of foods and medicines." /004
