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Prospects for the Pakistan Tea Industry

Author

Listed:
  • I. D. CARRUTHERS

    (Wye College, University of London)

  • G. D. GWYER

    (Wye College, University of London)

Abstract

Pakistan's foreign-exchange earnings from tea, which during the period 1951-53 averaged more than 40 million rupees annually, had fallen to an average of 6 million rupees annually during the period 1964-66. This decline in earnings resulted from the diversion of tea from export to domestic markets where higher prices reflected the extent to which the growth of domestic tea consumption had exceeded the growth of production. Recognising that continuation of this trend would lead to Pakistan becoming a net importer of tea with further loss of foreign exchange, the government took steps in the early sixties to encourage expansion of tea production as an alternative to restraining demand through rationing or eventual import controls.

Suggested Citation

  • I. D. Carruthers & G. D. Gwyer, 1968. "Prospects for the Pakistan Tea Industry," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 8(3), pages 431-451.
    • Handle: RePEc:pid:journl:v:8:y:1968:i:3:p:431-451
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