AN ANALYSIS OF ALTERNATIVE INDUSTRIALIZATION STRATEGIES FOR DEVELOPING ECONOMIES
Industrialization is the process of social and economic change whereby a human group is transformed from a preindustrial society into an industrial one. Import Substitution Industrialization (ISI) is an industrialization policy based on the premise that a country should attempt to reduce its foreign...
Salvato in:
| Autori principali: | , |
|---|---|
| Natura: | Articolo |
| Lingua: | inglese |
| Pubblicazione: |
R&D Wing, MIST
2015
|
| Soggetti: | |
| Accesso online: | http://hdl.handle.net/123456789/198 |
| Tags: |
Nessun Tag, puoi essere il primo ad aggiungerne!!
|
| Riassunto: | Industrialization is the process of social and economic change whereby a human group is transformed from a preindustrial society into an industrial one. Import Substitution Industrialization (ISI) is an industrialization policy based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products. Because of limitations of ISI, the concept of Export-led industrialization was supported by economists. Export-led industrialization (ELI) is an industrialization policy aiming to speed-up the industrialization process of a country through exporting goods for which the nation has a comparative advantage. Export-oriented industrialization is often contrasted with import substitution industrialization. The objective of this paper is to critically appraise the role of Easy ISI strategy in economic development. |
|---|