reply on: Imports and Developing Countries: Countering the Myths of Western Exploitation \ stacker news ~econ

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44 sats \ 0 replies \ @Undisciplined OP 5h \ parent \ on: Imports and Developing Countries: Countering the Myths of Western Exploitation econ

There's a long standing idea in economic development that poor countries need to have highly protectionist import barriers for manufactured goods because they couldn't compete with the industrialized nations.

This predates the more recent concerns about offshoring and outsourcing, where it's the industrialized nations that feel they can't compete with the developing world.