Uzbekistan's foreign trade policy is based on import substitution.
The strategy, which became known as import substitution, produced high growth - for a while.
At the time, the architects of import substitution could not imagine that it was possible to export anything but commodities.
After the 2001 economic crisis, the government encouraged import substitution and local items are being produced again.
One focus of Thai development policies was on import substitution.
Until the early 1980s, government involvement was dominant and the major focus was on import substitution.
But there is more to the trend than import substitution.
The strategy of growth was based on import substitution in which tariffs and quotas for final goods were raised.
Developing nations may pursue trade and economic policies that call for import substitution or local content regulations.
The government's goal was to be self-sufficient, which it sought to achieve through import substitution.