This strategy mainly refers to a well-documented experiment in Latin America in the 1930s and 1940s, and research carried out by the CEPAL (the UN Economic Commission for Latin America – ECLA) in the ...

This article aims to contribute to the understanding of the process of import substitution in Sub-Saharan Africa. The process of industrialization in Sub-Saharan Africa occurred in two phases: a first ...

In the 1950s, many economists believed that import substitution – policies to restrict imports of manufactured goods – was the best trade strategy to promote industrialization and economic growth in ...

Pragmatism, the President told an Australian business audience, was a fundamental approach of the government's economic policies. This is indeed how it should be in a world that is constantly changing ...

It was thought that import substitution in manufactures would be synonymous with industrialization, which in turn was seen as the key to deve- lopment. The contrast with views today is striking. It is ...

also started by going through this import substitution industrialization phase. In other words, they first sought to meet the demands of their own domestic economies before expanding into external ...

or at least "simplified" the development of so-called import substitution industries during their economic development process. Instead, they leaped directly into an export-oriented industrial model ...

A well-designed import substitution strategy is being implemented, leading to the complete replacement of imported items like furniture with locally manufactured products. The Deputy Director General ...

MOSCOW, November 4. /TASS/. Russia has entered the time of re-industrialization after launching the policy of import substitution, Prime Minister Dmitry Medvedev said in an interview with the ...

Therefore, “it is now a crucial time to adopt more efficient strategies for import substitution, industrialization, economic diversification and the development of internationally competitive ...