Pan, Shiyuan; Zhang, Qi; Liu, Mingxing; Zou, Heng-fu - China Economics and Management Academy, Central … - 2007
The dominant development strategy chosen by political elites of late industrializing world after WW II was import-substituting industrialization (ISI) strategy, which aimed at catching up with the world technical frontier by rapid industrialization. The nature of the colonial legacies and the...