Paradigms of Development: The East Asian Debate on Industrial Policy

Sanjaya Lall

Chapter 1 in Learning from the Asian Tigers, 1996, pp 1-26 from Palgrave Macmillan

Abstract: Abstract The debate on economic ‘paradigms’ addressed here concerns industrial policy: the role of governments in promoting industrial development beyond what would be possible without intervention. The countries that this debate concerns in East Asia are the four NIEs — Korea, Taiwan, Singapore and Hong Kong. These countries are among the most successful industrialisers in the developing world. Much of the debate on industrial policy has revolved around their experience.

Keywords: Market Failure; Industrial Policy; Local Firm; Selective Intervention; Asian Tiger (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-38989-2_1

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DOI: 10.1057/9780230389892_1

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