Development Theories and Development Strategies: An Alternative Theoretical Framework

Behzad Yaghmaian
Additional contact information
Behzad Yaghmaian: Stockton State College, Pomona, NJ 08240

Review of Radical Political Economics, 1990, vol. 22, issue 2-3, 174-188

Abstract: The study of economic development in the Third World has been dominated by the comparison of import-substitution industrialization (ISI) and export-led industrialization as two "alternative strategies' of development. Using the theory of the internationalization of capital and Marx's expanded reproduction, I argue that ISI and export-led industrialization are two stages of the internationalization of production as opposed to two alternative strategies and that, in both cases, developing capitalist countries inherit a built-in instability in the process of accumulation.

Date: 1990
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/048661349002200209 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:22:y:1990:i:2-3:p:174-188

DOI: 10.1177/048661349002200209

Access Statistics for this article

More articles in Review of Radical Political Economics from Union for Radical Political Economics
Bibliographic data for series maintained by SAGE Publications ().