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Import substitution has been marginalised from development policy discourse since the 1970s. This paper examines the Rwandan government's recent attempt at reintroducing industrial policy with some attention devoted to 'recapturing the domestic market' - a term used to replace the ignominy...
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The global economy is undergoing a digital shift that is likely to intensify with rapid growth in digital trade and digital-based restructuring of economic sectors. While trade in "traditional" goods and services is subject to enforceable rules through multiple agreements, key areas relevant to...
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As is well established, one prediction of the heterogenous firms literature spearheaded by Melitz (2003) is that trade liberalization, by increasing import competition, drives less productive domestic firms from the market. This increases average productivity of the domestic economy via the...
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