Does simultaneous implementation of import-substitution and export-promotion neutralize each other?
Subasat, T., 2009. Does simultaneous implementation of import-substitution and export-promotion neutralize each other? The Journal of Developing Areas, 43 (1), pp. 45-63.
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After clarifying the widespread terminological confusion regarding ‘import-substitution’, ‘export-promotion’ and ‘free trade’, this article focuses on an interesting debate about their complementarities. Particular attention will be paid to whether the simultaneous implementation of import-substitution and export-promotion neutralises each other and leads to free trade results. It will be argued that although this debate is stimulating, it has a number of important limitations and has very little bearing to actual trade policy implementation.
|Uncontrolled Keywords||import-substitution, export-promotion trade liberalisation, trade policy|
|Departments||Faculty of Humanities & Social Sciences > Social & Policy Sciences|
|Research Centres||Centre for Development Studies|
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