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The Import-Substitution Strategy of Economic Development A Survey

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  • HENRY J. BRUTON

    (Pakistan Institute of Development Economics,)

Abstract

BRUTONOver the past several years, the import-substitution strategy of development has been examined in considerable detail by numerous economists. For the most part, these studies have been concerned with one or another side of this many-sided approach to development policy. It now seems useful to review this literature in an attempt to isolate major themes and arguments and to try to put together a cohesive and comprehensive picture of where we stand now. This paper is not intended as a summary of the individual articles and books on import substitution, but rather is aimed at bringing together the theoretical issues and the empirical results that not only are of interest in themselves, but which also seem to add up to something that might legitimately be called an approach to development.

Suggested Citation

  • Henry J. Bruton, 1970. "The Import-Substitution Strategy of Economic Development A Survey," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 10(2), pages 123-146.
    • Handle: RePEc:pid:journl:v:10:y:1970:i:2:p:123-146
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    Cited by:

    1. Waterbury, John, 1999. "The Long Gestation and Brief Triumph of Import-Substituting Industrialization," World Development, Elsevier, vol. 27(2), pages 323-341, February.
    2. Reinhardt, Nola & Peres, Wilson, 2000. "Latin America's New Economic Model: Micro Responses and Economic Restructuring," World Development, Elsevier, vol. 28(9), pages 1543-1566, September.
    3. Ana Oliveira Madsen & Valentina Chkoniya, 2019. "The Positive Impact of a Portuguese State-Owned Company that Invested on Consumers Nutritional Education - the Case of Fish and Docapesca," European Journal of Marketing and Economics Articles, Revistia Research and Publishing, vol. 2, ejme_v2_i.
    4. Khondaker Golam Moazzem & Md Minhaz M Reza, 2018. "Growth of Employment in the Manufacturing Sector: Impact of Trade and Trade-related Policies," CPD Working Paper 118, Centre for Policy Dialogue (CPD).
    5. Irwin, Douglas A., 2021. "The rise and fall of import substitution," World Development, Elsevier, vol. 139(C).
    6. repec:ilo:ilowps:244402 is not listed on IDEAS
    7. Hewavitharana B., 1986. "Industrialisation, employment and basic needs: the case of Sri Lanka," ILO Working Papers 992444023402676, International Labour Organization.

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