A Suggested Policy for Industrial Reinvigoration in Latin America
Open Access
- 1 May 1972
- journal article
- research article
- Published by Cambridge University Press (CUP) in Journal of Latin American Studies
- Vol. 4 (1) , 85-104
- https://doi.org/10.1017/s0022216x0000170x
Abstract
While the seventies will see a continuing debate over the merits of alternative development strategies, histories of Latin America's industrial progress over the past two or three decades can now be filed under ‘import substitution’. Bruton explains, ‘In the narrowest terms, import substitution refers simply to the take-over of an existing domestic market from the foreign producer by prohibiting his imports in one way or another’.Keywords
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