Import Substitution in Automotive Industry: a Historical Review

Anton Vladislavovich Galeev and Ekaterina Andreevna Galeeva
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Anton Vladislavovich Galeev: HSE University, Moscow, Russia
Ekaterina Andreevna Galeeva: Russian Foreign Trade Academy, Moscow, Russia

Russian Foreign Economic Journal, 2025, issue 1, 92-109

Abstract: This paper analyzes import substitution policies, their evolution, and implementation in various countries, with a focus on the automotive industry. The research provides a historical overview of the concept of import substitution, tracing its origins, development and adaptation. We provide an overview of successful cases in China, South Korea, and India, as well as the historical and modern experiences of the USSR and Russia in the automotive sector. The paper concludes by outlining the risks associated with implementing import substitution policies. We emphasize the importance of transitioning from protectionist measures to an export-oriented model of import substitution to achieve sustainable economic growth.

Keywords: import substitution; developmentalism; protectionism; automotive industry; historical review (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2025_01_92-109

DOI: 10.24412/2072-8042-2025-1-92-109

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