The Profitability of Investment in Shipping. The Balance of Payments Criterion

The Profitability of Investment in Shipping. The Balance of Payments Criterion

A case study shows that investment in shipping is profitable for Israel and makes net contribution of about 25 per cent to the balance of payments. 

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Eliminating Railway Deficits. The Effects for Australia

Problems associated with subsidising Australian non-urban rail services are revisited by evaluating the macro-economic impacts of a policy that would eliminate railway deficits. The model used demonstrates how several policy scenarios for the abolition of railway subsidies can be explored by simulating shocks to the economy. The results illustrate the range of economic benefits that could accrue from the abolition of subsidies and identifies interests most likely to benefit or lose from such a policy.

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