This Working Paper is one of five country papers prepared as part of a study of the appropriate choice of external strategies for intermediate level developing countries in the difficult trade and investment conditions of the 1980s. An earlier stage of the project analysed the experience of 25 intermediate-level and more advanced developing countries to determine whether the lessons that have been drawn from the most successful appeared to apply to a larger number, and under differing external conditions. The country studies are intended to examine the same questions at a much more detailed level.