Vol. 45 No. 9 (2015)
DEBATES

Stories of Import Substitution

N. Kravchenko
Institute of Economics and Industrial Engineering, SB RAS
Bio

Published 2018-07-09

Keywords

  • INDUSTRIAL POLICY,
  • INDUSTRIALIZATION BASED ON IMPORT SUBSTITUTION,
  • EXPORT-ORIENTED POLICY

How to Cite

1.
Kravchenko Н. Stories of Import Substitution. ECO [Internet]. 2018 Jul. 9 [cited 2024 Jul. 17];45(9):73-91. Available from: https://ecotrends.ru/index.php/eco/article/view/1051

Abstract

The article presents a comparative analysis of different options for industrial policy in Latin America and Asia in the second half of the 20th century. The features of the implementation of the policy of import substitution industrialization policies as compared to the export-oriented policy are demonstrated. Various approaches to assessing the impact of industrial policy on economic growth and development are studied. On the basis of empirical data showing the industrial policy cases relevant for different countries the factors influencing the result of government intervention in the industrialization process were presented.

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