An Appraisal of The Import Substitution Strategy from A Structural Economic Dynamic Approach
This paper seeks to establish that a Structural Economic Dynamic (SED) approach toward understanding the Import Substitution Strategy (ISS) offers a superior method relative to the Neoclassical approach. It is argued that the latter fails to fully account for the role of demand and hence, the structural dynamics of underdeveloped economies, when considering the shortcomings of the ISS. Argued as relatively superior to the Neoclassical view, the SED approach considers the evolution of preferences as a variable driving change, shedding new light on main channels of North-South interdependence.
Volume (Year): 1 (2011)
Issue (Month): 2 (December)
|Contact details of provider:|| |
When requesting a correction, please mention this item's handle: RePEc:wei:journl:v:1:y:2011:i:2:p:109-122. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mihai Mutascu)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.