Re: IMF, WORLD BANK CRY "UNCLE" ON MOZAMBICANCASHEW, SUGAR

[Brad DeLong]

>OK, now that the IMF and the World Bank have
>admitted that they were wrong, will Krugman admit
>that he was wrong?
>
>-b
>
>Robert Naiman
>Senior Policy Analyst
>Center for Economic and Policy Research

I always thought that successful industrial policies were built on 
*subsidizing* exports. I've yet to understand why the hell *taxing* 
Mozambique's exports is going to make anyone (except the owners of 
cashew processing plants) better off...

Brad DeLong