Import Substitution and Economic Resilience: A Policy Based Assessment of Pakistan’s Trade (1980–2023)

Clicks: 7
ID: 336532
2025
Free PDF
Article Quality & Performance Metrics
Overall Quality
Not rated
Combines reader engagement with the AI quality analysis. This article has not been analysed, so there is no overall score — reader engagement is measured and shown alongside.
AI Quality Assessment
Not analyzed
Readership in this journal
Emerging

Ranked #438 of 953 articles by views in Pakistan Social Sciences Review

Most read Least read

Bar heights use a square-root scale. Only the 120 most-read articles are drawn; the journal has 953 in total.

Mint this article as an NFT
Not yet minted

Create a permanent, verifiable on-chain record of this article on the Scimatic Network. The NFT is held in your Journament account, and you can withdraw it to your own wallet at any time.

5 SUSD one-off · no wallet required
Sign in to mint
Abstract
Import substitution industrialization, or ISI, was a major part of Pakistan's trade and industrial strategy from the early 1980s until 2023. This study looks at how trade policy that favored import substitution affects Pakistan's economic resilience, or its ability to sustain growth, diversify internal capacity, and endure external shocks. Using panel time series data on trade flows, industrial output, sectoral import dependency ratios, GDP volatility, and external shock indicators. Our findings show that small-scale import substitution policies, like sector-specific tariffs, domestic content mandates, and targeted protection, helped reduce import dependency in key industries (auto components, textiles), foster emerging industrial competence, and buffer short-term external shocks. The study recommends dynamic, calibrated ISI that combines export performance incentives, progressive integration, and selective protection in order to increase resilience without compromising long-term trade competitiveness. These findings lend credence to broader policy debates in emerging countries that seek to reconcile industrial strategy with global integration.
Reference Key
imported_1793230858_6ae2880aecf75 Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Rafique Ahmed Chandio
Are you one of these authors? Claim your profile
Journal Pakistan Social Sciences Review
Year 2025
DOI
10.35484/pssr.2025(9-III)29
URL
https://ojs.pssr.org.pk/journal/article/view/1066
Keywords Keywords not found

Citations

No citations found. To add a citation, contact the admin at info@scimatic.org

Comments

No comments yet. Be the first to comment on this article.