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C/E/474. What are the theoretical justifications for import substitution industrialization and what are the limitations of this policy as a long term strategy of development?

WORDS:
2150
DATE:
2010
PRICE:
29.99 GBP

The paper looks at the industry of import substitution explaining how it contributes to the industrialisation of the country and comparing it to export driven economies. A case study is conducted of South Korea and Brazil comparing economic models the East Asian Tigers with those of Latin America.

 

KEYWORDS: Import Substitution, Development Economic development, export driven, Brazil, South Korea, East Asian Tigers, Latin America,

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