La economía política de la industrialización a través de la sustitución de importaciones en América Latina

Albert Hirschman

El Trimestre Económico, 2025, vol. 92 (1), issue 365, 239-275

Abstract: This paper seeks to describe the characteristics and diverse cases of import-substituting industrialization (ISI) to understand the socio-political consequences that affect the process. It focuses on the Latin American context of late industrialization and addresses the difficulties that this process may have. It is made up of the following sections: Introduction: Disenchantment with industrialization in Latin America; I. Four impulses of import-substituting industrialization; II. Characteristics of the initial phase of ISI; III. The alleged exhaustion of ISI; IV. Economic, political and technological determinants of backward linkage; V. The inability to export manufactures: “Structural” causes and remedies; Conclusion.

Keywords: Import-substituting industrialization; Latin America; backward linkages; manufacture imports. (search for similar items in EconPapers)
JEL-codes: F4 L1 L16 O14 (search for similar items in EconPapers)
Date: 2025
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Journal Article: La Economía política de la industrialización a través de la sustitucion de importaciones en América Latina (1996)
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DOI: 10.20430/ete.v92i365.2699

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