Anthony D'Costa wrote:
Both import substitution industrialization and export oriented
industrialization can be seen as national strategies, which are not quite
the same thing as models. On hindsight strategies may become models,
when theorised and abstracted.
Yes, the word strategy would
Jim D. wrote:
I didn't say that India was pursuing the export-led growth model. My
understanding -- based on incomplete info, BTW -- is that after
independence the model was import-substitution and that in the last 10
years or so, India was in the process of switching over to export-led
growth