Explore the concept of Import Substitution Industrialization (ISI), its historical application in developing economies, and its theoretical framework.
Industrialization marks the transition from agricultural economies to manufacturing-driven ones. Learn what triggers this change and its global impact.
Explore what defines a Newly Industrialized Country (NIC), their unique characteristics, economic transitions, and evolving relations with developed nations.
Discover how the Four Asian Tigers—Hong Kong, Singapore, South Korea, and Taiwan—achieved remarkable economic growth through exports and industrialization, becoming global financial and manufacturing hubs.
