Influence of import substitution policy on economic growth: foreign experience

The article presents an analysis of the impact of import substitution measures on the dynamics of the main macroeconomic indicators. The aim of the study is to study foreign experience in the implementation of import substitution policy and its role in ensuring economic growth. Particular attention is paid to the study of works by foreign authors devoted to the peculiarities of import substitution measures in the states of Latin America and East Asia. It is determined that the liberalization of foreign trade at a certain stage of the development of the state is a worldwide pattern.