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What is Trade Policy Strategies in Developing Nations about?

This chapter discusses trade policy strategies used by developing countries to promote economic development, including import substitution and export-oriented industrialization. It covers the infant industry argument for initially protecting domestic manufacturing and analyses the problems that arose from policies favoring manufacturing sectors, such as uneven development between urban and rural areas. The chapter also examines the dual economy that often emerges in developing countries and debates around t

Author

Mottalab Shaon

Language

EN