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Import Substitution vs. Export Promotion by Suraj Kumar is a document available to read on EtoBox.

What is Import Substitution vs. Export Promotion about?

The document discusses import substitution and export promotion as development strategies for countries. It provides examples of sectors in India and Tanzania that have utilized these strategies. Import substitution aims to develop domestic industries behind trade barriers to replace imports, while export promotion focuses on promoting infant export industries and taking advantage of economies of scale. A mix of both strategies is recommended for sustainable economic development, as countries first develop

Author

Suraj Kumar

Language

EN