Title English:
import substitution industrialization
Acronym English:
ISI
Definition English:
An economic theory employed by developing or emerging market nations that wish to increase their self-sufficiency and decrease their dependency on developed countries. Implementation of the theory focuses on protection and incubation of domestic infant industries so they may emerge to compete with imported goods and make the local economy more self-sufficient.
Title Arabic:
التصنيع بدل الاستيراد
Domain:
Economic Development
Subject:
Industrial Development
InformationType:
Term
SourceSymbol:
language staff
Link: