Write an essay 4-5 pages.
Topic: your evaluation of a country import substitution experience (e.g. choose USA, Korea, Japan, India, Mexico, Brazil, Ghana, etc).
- Brief historical context
- Broad arguments for and against ISI
- Broad description of main policies used (e.g. tariffs, quotas, subsidies, exchange rate policy)
- How did it work out? Reasons for success or failure. What policy mistakes or successes?
- Bibliography must include at least one peer-reviewed academic paper.