TY - JOUR AU - Masud Jahan AU - Samiur Rashid PY - 2019/11/01 Y2 - 2024/03/28 TI - AN ANALYSIS OF ALTERNATIVE INDUSTRIALIZATION STRATEGIES FOR DEVELOPING ECONOMIES JF - MIST INTERNATIONAL JOURNAL OF SCIENCE AND TECHNOLOGY JA - MIJST VL - 1 IS - 1 SE - ARTICLES DO - 10.47981/j.mijst.01(01)2009.11(%p) UR - https://mijst.mist.ac.bd/mijst/index.php/mijst/article/view/11 AB - Industrialization is the process of social and economic change whereby a human group is transformed from a preindustrial society into an industrial one. Import Substitution Industrialization (ISI) is an industrialization policy based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized product s. Because of limitations of ISI, the concept of Export-led industrialization was supported by economists. Export-led industrialization (ELI) is an industrialization policy aiming to speed-up the industrialization process of a country through exporting goods for which the nation has a comparative advantage. Export-oriented industrialization is often contrasted withimport substitution industrialization. The objective of this paper is to critically appraise the role of Easy ISI strategy in economic development. ER -