Developmentalism

The Developmentalism is an economic theory. It says that the best way for third world countries to develop is through a strong and varied internal market and by having high tariffs on imported goods.

Developmentalism is based on the assumptions that:

• There are similar stages to development for all countries.
• There is movement from one stage to another. This movement goes from traditional or primitive to modern or industrialized.^[1]

Related pages

• Economic development
• Protectionism