Abstract
Import substitution policy in various countries is often used not as an alternative, but rather as a complement to export promotion policy. The article shows that, without such a complement, the outward-oriented strategy is often incapable of ensuring economic growth. The work is based on an analysis of a wide range of the literature on the relationship between export orientation and economic growth, as well as on applying elements of the import substitution strategy in various countries.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
