Concept information
Preferred term
export-oriented development
Definition
- Export-oriented development was a set of market driven prescriptions based on the policies followed by high-growth developing countries. Their adoption in developing countries was driven by a need to overcome the failures caused by inward-oriented, state-driven industrial policies. [Source: Encyclopedia of Business in Today's World; Export-Oriented Development]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/export-oriented_development
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