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

Turan Subasat ()

Journal of Developing Areas, 2009, vol. 43, issue 1, 45-63

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.

Keywords: Trade policy; import-substitution; export-promotion trade liberalisation (search for similar items in EconPapers)
JEL-codes: F13 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:jda:journl:vol.43:year:2009:issue1:pp:45-63

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