In Latin America, ISI was the major development strategy in the period between , whereas EOI was the major strategy in the period between :

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ISI (Import Substitution Industrialization) was the dominant strategy in Latin America from the 1930s to the 1960s, focusing on reducing foreign dependency by producing goods domestically. EOI (Export-Oriented Industrialization) became the major strategy afterwards, from the 1960s to the 1980s, emphasizing exports to boost economic growth.

In Latin America, ISI Was the Major Development Strategy in the Period