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The industry developed during sanctions is a lot like those created during times of highly protectionist policies though. Once those walls come down, they have
by scottyah 4y ago
The industry developed during sanctions is a lot like those created during times of highly protectionist policies though.
Once those walls come down, they have to compete with the rest of the world that has been innovating a lot faster. They’ll need a lot of supplemental income or all these bubble-spawned companies will die off. I think it’d be smarter to NOT try to develop everything in-house if you’re a smaller country with many imports.
- bombcar 4y agoSome of the most important "industries" for a country to survive are not very exciting or competitive - farming and energy being the two main ones.