Disappointment about the results of import substituting industrialization strategies as well as the spectacular performance of a few newly industrialised countries have led many developing countries to switch in the 1970s to export oriented industrialization. This analysis cautions against any...

Post-independence, Malaysia has implemented policies to encourage private foreign investment (PFI) in the manufacturing industries through a plethora of incentive schemes (tax relief, pioneer status, investment tax credits, export incentives, locational incentives). The incentive schemes aimed...

This paper reports the results of application of the semi-input-output method for ranking 41 industrial sectors of the Sri Lanka economy for development by private enterprise. The paper also reviews the assumptions underpinning the semi-input-output methodology and presents a justification for...

This paper reviews the interrelationships between the major forces of telecommunications technology and trade promoting growth in developing countries. The study uses a sample of 93 countries dichotomized in 43 developing and 50 advanced countries using the criterion of per capita income. The...

This paper reviews the history and economics that underlie the shift en masse of developing countries from import substitution industrialization (ISI) to the pursuit of export oriented industrialization strategies (EOI) leading to stellar growth performances. The central message of EOI...