Economic Transformation and Development · 1960–present

Import Substitution vs. Export-Oriented Industrialization

Comparing the economic strategies of Southeast Asian states in the 1960s and 70s.

Key Questions

  1. 1Why did most Southeast Asian states eventually abandon Import Substitution (ISI)?
  2. 2How did Export-Oriented Industrialization (EOI) integrate the region into global supply chains?
  3. 3What role did Foreign Direct Investment (FDI) play in this transition?

MOE Syllabus Outcomes

MOE: Economic Development Strategies: ISI vs EOI - JC1
Level: JC 1
Subject: History
Unit: Economic Transformation and Development
Period: 1960–present

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