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C/E/691. Import Substitution Vs Export Promotion as Development Strategy for Least Developed Countries

WORDS:
2250
DATE:
2011
PRICE:
29.99 GBP

The paper looks at the reasons behind economic distortions in least developed countries (LDC) reviewing the theory of strategic trade and arguing whether protectionist policies of European countries help LDC to develop their economies. Trade protection is compared with import substitution and export promotion policies, the influence of WTO on LDC is discussed.

 

KEYWORDS: Import Substitution, Export Promotion, Least Developed Countries, LDC, WTO,

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