Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/47142
Authors: 
Lächler, Ulrich
Year of Publication: 
1986
Series/Report no.: 
Kiel Working Paper 250
Abstract: 
In the 1950s, Mexico and a number of other Latin American countries opted for a strategy of inward-oriented development aimed at accelerating the pace of industrialization. This strategy relied heavily on a process of import substitution brought about by creating a protected domestic environment biased in favor of the modern manufacturing sectors. By the early 1960s, it was already becoming clear to many observers that import substitution policies were not delivering all they had promised, but rather provided a hindrance to development (Hirschman, 1968). Nevertheless, Mexico continued to pursue a highly protectionist course in subsequent years; see Balassa (1983).
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.