Export Pessimism

Export pessimism in Global Commerce Policy

In this regard, export pessimism is: a view prevalent particularly in the 1950s in the heyday of import substitution policies by developing countries in the Latin- American region. The entries on trade policy are here. It was based on the assumption that the smallness of their exports would not be able to promote economic development, and that international integration would undermine whatever competitiveness an economy might have achieved. The conclusion was that import substitution was the only realistic policy. See also dependence theory.[1]

Export pessimismin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Export pessimism” entry (OAS)

See Also