{"id":42,"count":0,"description":"Export-oriented industrialization (EOI) sometimes called export substitution industrialization (ESI), export led industrialization (ELI) or export-led growth is a trade and economic policy aiming to speed up the industrialization process of a country by exporting goods for which the nation has a comparative advantage. Export-led growth implies opening domestic markets to foreign competition in exchange for market access in other countries. However this may not be true of all domestic markets, as governments may aim to protect specific nascent industries so they grow and are able to exploit their future comparative advantage and in practice the converse can occur. ","link":"https:\/\/ipam-global.org\/staging\/4796\/topics\/export-oriented-industries\/","name":"Export-Oriented Industries","slug":"export-oriented-industries","taxonomy":"topic","meta":[],"_links":{"self":[{"href":"https:\/\/ipam-global.org\/staging\/4796\/wp-json\/wp\/v2\/topic\/42","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipam-global.org\/staging\/4796\/wp-json\/wp\/v2\/topic"}],"about":[{"href":"https:\/\/ipam-global.org\/staging\/4796\/wp-json\/wp\/v2\/taxonomies\/topic"}]}}