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The role of multinationals in sparking industrialization: From "infant industry protection" to "FDI-led industrial take-off"

Ozawa, Terutomo

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
Vale Columbia Center on Sustainable International Investment
Columbia FDI Perspectives, 39
Published Here
June 23, 2011
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