ABSTRACT

The industrialization of an underdeveloped country as a means to prosperity and economic independence is based on the concept that processing adds value to raw materials. On the basis of the concept of the added value that processing confers to raw materials, one of the policies accepted as leading to prosperity and economic solvency for a country is that of industrialization. The National Research Council document surely is a source of ideas and projects which, with adequate modifications, could prove of great help to a developing country in reaching its legitimate goals. Much American technology requires no right-to-use payment, while a great part of technology developed with governmental assistance is normally in the public domain. The value-added road leads—in principle—to the substitution of imports and eventually to the competitive export of manufactured products.