Import Substitution is the only way ahead today
Posted on August 13th, 2022

by Garvin Karunaratne 

Import Substitution does not ring a bell with the IMF, The talk today is to privatize. However what we need today in order to tackle the economic meltdown is import substitution.   My mind travels to an older Paper of mine which offers the solution to provide the production that we need which we earlier imported which we cannot get now due to the dearth of dollars and also in that process find employment and incomes to the people.

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