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Industrial Policy and Development

By Giovanni Dosi

Industrial Policy and Development

By Giovanni Dosi

0 - Default Title
Description
In the 1990s, development policy advocated by international financial institutions was influenced by Washington Consensus thinking. This strategy, based largely on liberalization, privatization, and price-flexibility, downplayed, if not disregarded, the role of government in steering the processes of technological learning and economic growth. With the exception of the Far East, many developing countries adopted the view that industrial policy resulted in inefficiency and poor economic growth.

Ample historical evidence shows that industrial policy does work, when the right technologies and industries are supported and when appropriate combinations of policy measures are implemented. This book provides an in-depth exploration of which industrial policies have been successful, the trade-offs associated with these microeconomic approaches to growth and development, and the opportunities and constraints associated with the current organization of international economic relations.
Product details
Edition:
1
Number of Pages:
596
Release Date:
2009-11-30
Publication Date:
2009-11-01
Publisher:
OUP Oxford
Languages:
Original: English
ISBN10:
0199235260
ISBN13:
9780199235261
GPSR Manufacturer Reference:
[email protected]
Weight:
1051 g
Height:
161 cm
Width:
240 cm
Thickness:
36 cm
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