The Export Cult

Preface -- The Rules and the Tricks -- There is a moral aspect -- The merits of imports -- Schacht – the pioneer -- Britain’s export evangelist -- Aid for importers -- Exporters are penalised -- Some assorted illegalities -- The theory and practice of VALAD -- The inequality of export-dollars -- Statistical games -- A Catalogue of Crutches -- Oblique subventions -- An honest export subsidy -- Invidious compounds -- A benign welcome for foreigners -- The victimisation of foreigners -- Insurance -- Cheap money -- The abuse of foreign aid -- Import Entitlements -- Tax abatements -- Miscellanea -- Some Unpalatable Consequences -- Barren exports -- Devaluations -- Domestic demand -- Inflation -- Capital goods -- The scourge of countertrade -- Heretical Formulae -- There are alternatives -- We are entitled to know -- Free trade and full employment -- Free trade and no full employment -- Supporting Material -- The swapping game -- The astute Poles -- Exports sanctify mergers -- The textile-dollars of Colombia -- Barbara Castle -- The Republic of Ireland -- Export salesmen -- The royal bestowal of praise -- Business entertainment -- Company reports