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A note on the selection of participants to the progressive manufacture of automotive diesel engine program /

By: Armas, Armando, Jr.
Series: Vol. 5 No. 1 First Sem 1978.Description: p.32-40.Subject(s): Automotive | Diesel engine program | Progressive Manufacture of Automotive Diesel Engine Program (PMADE) In: Journal of Philippine DevelopmentSummary: This paper focuses on the selection of PMADE participants and not on whether PMADE per se is either a bad or good policy tool. The selection of PMADE participants should be guided by the net foreign exchange savings (or earnings) of a proponent's diesel engine project. The decision makers should pick a proponent of a diesel project which will yield the highest foreign exchange savings net of foreign exchange costs to the economy
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This paper focuses on the selection of PMADE participants and not on whether PMADE per se is either a bad or good policy tool. The selection of PMADE participants should be guided by the net foreign exchange savings (or earnings) of a proponent's diesel engine project. The decision makers should pick a proponent of a diesel project which will yield the highest foreign exchange savings net of foreign exchange costs to the economy

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