India should be careful not to repeat the mistakes of import substitution from the 1950s, which in principle lacked two crucial elements that made economic protectionism successful in some countries: export promotion and identifying the country's niche in the global manufacturing supply chain.
Posts tagged as “ASEAN”
In this episode of Beyond the Headlines, Mohamed Zeeshan spoke with Kishore Mahbubani, former Singaporean ambassador to the United Nations. Mahbubani spoke about the role of the Quad, the new AUKUS deal, the ASEAN's fears and suspicions, India's strengths and opportunities, and much more.