2011 Reports
The role of multinationals in sparking industrialization: From "infant industry protection" to "FDI-led industrial take-off"
Although not yet fully conceptualized as a new catch-up model in mainstream development economics, the infant industry argument (protectionism designed to replace imports with domestic substitutes) is giving way to a foreign direct investment (FDI)-led model of industrialization.
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More About This Work
- Academic Units
- Vale Columbia Center on Sustainable International Investment
- Publisher
- Vale Columbia Center on Sustainable International Investment
- Series
- Columbia FDI Perspectives, 39
- Published Here
- June 23, 2011
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