The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy

Released on by Reda Cherif
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  • The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy Book Detail

  • Author : Reda Cherif
  • Release Date : 2019-03-26
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 79
  • ISBN 13 : 1498305407
  • File Size : 20,20 MB
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The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy by Reda Cherif PDF Summary

Book Description: Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be replicated. Using a theory and empirical evidence, we argue that one can learn more from miracles than failures. We suggest three key principles behind their success: (i) the support of domestic producers in sophisticated industries, beyond the initial comparative advantage; (ii) export orientation; and (iii) the pursuit of fierce competition with strict accountability.

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The Oxford Handbook of Industrial Policy

The Oxford Handbook of Industrial Policy

File Size : 62,62 MB
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Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competi