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Economic Model Essays

Import Substitution Industrialization (ISI) Policy and the East Asian Economic Model in Pakistan and Afghanistan

Import Substitution Industrialization (ISI) is a business-based program for development-oriented on protecting local infant industries through protective tariffs, exchange rate controls, special preferential licensing for the import of capital goods and subsidizing loans to local infant businesses. Protectionist approaches have epitomized the policy stance of the economies of Afghanistan and Pakistan. At more theoretical level ... Read More
Pages: 3       Words: 661
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