The rise and fall of import substitution

被引:20
作者
Irwin, Douglas A. [1 ,2 ]
机构
[1] Dartmouth Coll, Dept Econ, Hanover, NH 03755 USA
[2] NBER, Cambridge, MA 02138 USA
关键词
Import substitution; Trade strategy; Protection; Export-oriented; Import protection; ECONOMIC-DEVELOPMENT; ORIGINS; INDUSTRIALIZATION; PREBISCH; POLICY; TRADE; PAYMENTS;
D O I
10.1016/j.worlddev.2020.105306
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
In the 1950s, many economists believed that import substitution - policies to restrict imports of manufactured goods - was the best trade strategy to promote industrialization and economic growth in developing countries. By the mid-1960s, there was widespread disenchantment with the results of such policies, even among its proponents. This paper traces the rise and fall of import substitution as a development idea. Perhaps surprisingly, early advocates of import substitution were quite cautious in their support for the policy and were also among the first to question it based on evidence derived from country experiences. (c) 2020 Elsevier Ltd. All rights reserved.
引用
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页数:10
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