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An inward-looking economic model known as import substitution industrialization (ISI) was pursued to eliminate industry's growing dependence on imports and ...
From the 1930s to the 1980s, forests were under the control of the Ministry of Agriculture and, in an import substitution model that required internal production ...
The country has moved away from an inward-focused strategy of import substitution, dependent on high levels of tariff protection, to an outward-oriented, ...
The exchange rate, being a relative price, is a key determinant of the profitability of UK exports (or, which is the same thing, import substitution). The lower the ...
From the 2007 to 2010, the economic development model adopted by Brazil relied on a policy of industrialization based on import substitution. In terms of trade ...
Besides, if import substitution continues in LDC's, which is in the hands of bureaucracy and it is their power and they may not want to loose it, then in spite of all ...
... Raul Prebisch had stressed the need for a conscious and planned strategy of national development built around a major role for the state, import substitution, ...