Notes and Comments Notes on the Concept of Import Substitution

Gordon C. Winston


By these rules, "import substitution" should be paid extra
since it has been used to mean many different things. These notes are
intended, therefore, to clarify or at least specify some of the issues
and ambiguities surrounding discussion of import substitution in the
hope that future research and policy can thereby be more efficiently
directed and these sometimes muddied issues can thereby be more clearly
understood. Since its objective is to point up sources of conceptual
confu¬sion that have appeared in import substitution studies and
policies, distinctions will be drawn sometimes too sharply where this is
useful, even at the risk of over¬simplifying a complicated problem.
Finally, it should be clear from the outset that the paper makes no
pretence at major originality.

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