What are Import-Substitution Industrialization (ISI) andExport-Oriented Industrialization (EOI)? Why do countries placesuch importance on industrializing? What are the main instrumentsand institutions that characterize each approach? What are theirmain differences? In what regions of the world were each primarilyimplemented? How does each approach shape the interests of domesticfirms and institutions? Which has proven to be more successful?
