Does simultaneous implementation of import-substitution and export-promotion neutralize each other?

Turan Subasat

Research output: Contribution to journalArticle

Abstract

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.
Original languageEnglish
Pages (from-to)45-63
Number of pages19
JournalThe Journal of Developing Areas
Volume43
Issue number1
DOIs
Publication statusPublished - 2009

Keywords

  • import-substitution
  • export-promotion trade liberalisation
  • Trade policy

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