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Glossary   >   I   >   "Import-substitution development strategy" Definition            Import-substitution development strategy A development strategy followed by many Latin American countries and other L.D.C.s that emphasized import substitution - accomplished through protectionism - as the route to economic growth. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Import-substitution development strategy - A development strategy followed by many Latin American countries and other L.D.C.s that emphasized import substitution - accomplished through protectionism - as the route to economic growth.