|
5) World Shipbuilding Trends
6) Demand-Supply Balance
7) Thp 10 Shipbuilding Countries in terms of GT
8) US$ exchange rates
Yearly average (indexed to 1994 value)
9) Establishment of Normal Competitive conditions
| ■ |
Government subsidies only allow inefficient shipyards
to continue operation leading to over-capacity and in turn results in distortion
of the world shipbuilding market.
|
| ■ |
Agreement on Subsidy should be firstly concluded
and enforced before tackling on other market distorting factors. |
|