Module 1
Participant Material: Import Substitution
Major Sections
Learning Objectives
By the end of this module, participants will be able to:
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Describe import substitution and practices associated with this strategy.
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Discuss the types of resources necessary and available for this strategy.
Import Substitution
Replacing goods and services produced outside of the community with goods
and services produced within the community.
Import Substitution AIMS
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Reduce costs
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Recapture and recirculate
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Restructure ownership and capture wealth
Import Substitution Benefits
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Reduction in exploitation
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Increase in competition
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Better prices
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Better quality goods
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Better services
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Access to jobs
Import Substitution Categories
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Product substitution
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Labor force support
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Local patronage campaign
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Public policy
Patronage Campaigns
Buy locally-Produce locally
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Identify buyers
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Identify sellers
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Your role
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Build budget
Strategy Exercise
Strategy: Import Substitution
Definition: Replacing goods or services produced outside of the community
with goods or services produced within the community.
Ideas and Possibilities
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What projects currently exist in your community that your partnership/organization
could get involved in?
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What ideas do have you for new projects?
Actors/Players
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Who is involved in pursuing this strategy in your community? (Public, private,
community sectors?) Be as specific as possible.
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Who else could run or join in an existing effort? Are they a member of
your partnership?
Resources (Information/Ideas, Assistance, Skills, Expertise, Access,
Clout, $$, Time/Effort)
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What resources are available to pursue this strategy-public, private, and
other? How might you access these?
Role
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What role could your partnership/organization play in planning or implementing
these ideas?
Summary
Labor Force Development
Self-Employment
Job Training and Placement
Job Creation and Retention
Real Estate Development: Housing
Stabilization/Preservation
New Construction/Re-Habilitation
Real Estate Development: Commercial
Main Street Programs
Shopping Center
Mixed-Use Retail
Incubators
Business and Entrepreneurial Development
Business Assistance
Entrepreneurial Development
Microenterprises
Capital Formation
Community Development Credit Unions
Community Banks
Micro Loan Funds
Revolving Loan Funds
Community Development Loan Funds
Import Substitution
Product Substitution
Labor Force Support
Local Patronage Campaign
Public Policy