ECON-2220 Lecture Notes - Lecture 14: Infant Mortality
Document Summary
Job opportunities in the industry were limited: state-owned; private sector vs. public, wealth gap became bigger, the isi is there to break the world division. Isi was not intended to last forever: it was supposed to be a kick start to gain revenue, it was supposed to be phased out, public policies: to try to promote the isi, subsidies, tariffs, exchange rates, subsidies. In terms of production of goods, this were good. No: 1960 to 1980: all three cut their infant mortality in half.