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To borrow an example from here in Zambia. In the 1960s Zambia used to have a textile industry that produced clothes sold in the region. That's disappeared becau
by rowanseymour 11y ago
To borrow an example from here in Zambia. In the 1960s Zambia used to have a textile industry that produced clothes sold in the region. That's disappeared because it couldn't compete with cheap imports from Asia and second-hand clothes from the west. A bit of protectionism would be required to get that industry started again, and with enough investment, it could eventually hopefully become competitive without protectionism.