Perhaps the uncomfortable truth is that some countries do get locked into import dependence by structural factors too deep-rooted and interconnected to overcome within any reasonable timeframe. Not because the people lack talent or effort, but because the compound weight of infrastructure deficits, institutional weaknesses, and unfavourable timing creates a gravitational pull toward dependence that […]
The post The impossible economics of making things: why locally made goods can’t compete with imports, By Olumide Awoyemi appeared first on Premium Times Nigeria.
