SHIPBUILDING CREDITS AND GOVERNMENT AID
An examination of the world-wide shipbuilding industry reveals a diversified effort on the part of governments to create a viable industry within their shores. In many cases the effort falls into an economic trap because government aids wind up supporting a social system that perpetuates incompetence to a greater or lesser degree. Sweden and Japan appear to be the notable exceptions, as they subsidize less, yet shipbuilders have filled order books. In considering aids, the direct subsidy program common in the U.S. is abandoned in other countries in favor of indirect subsidies which produce the same results. The conclusion is reached however that subsidy, either direct or indirect, is not the reason for success in shipbuilding. Other important factors are pointed out.
Drewry (HP) (Shipping Consultants) LimitedPalladium House, 1-4 Argyll Street
London W1V 1AD, England
- Publication Date: 1973-2
- Pagination: 36 p.
- Volume: 13
- TRT Terms: Construction; Financing; Planning; Production; Production control; Ship operations; Shipbuilding; Ships; Shipyards; Subsidies
- Old TRIS Terms: Ship financing
- Subject Areas: Administration and Management; Construction; Marine Transportation; Planning and Forecasting; Vehicles and Equipment;
- Accession Number: 00044003
- Record Type: Publication
- Source Agency: Drewry (HP) (Shipping Consultants) Limited
- Files: TRIS
- Created Date: Apr 13 1973 12:00AM