can Hawaii substitute imports as transport costs shift?

Written by Ken
08/21/2008
Trade has decreased Hawaii’s ability to be self sufficient, and now the benefits of trade are slipping as transport costs slide up the scale. Does this mean Hawaii should resurrect import substitution? Yup, says Nathan John Hagens, although he’s not just talking about Hawaii. “Import substitution policies (are) not only for LessDevelopedCountries, but for the US [...] Read more...