In This Review
The Benefits and Costs of Import Substitution in India: A Microeconomic Study

The Benefits and Costs of Import Substitution in India: A Microeconomic Study

By Anne O. Krueger

University of Minnesota Press, 1975, 140 pp.

An ingenious and original study, under difficult conditions, that throws much light on the initial advantages and long-run dangers of a set of policies designed to create an automotive industry in India.