Addendum: Embedded Autonomy and the Industrial Policy Process in the Twenty-First Century: Developing an Aluminium Industry in Trinidad and Tobago

Lou Anne Barclay
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Lou Anne Barclay: The University of the West Indies

Chapter 8 in Managing FDI for Development in Resource-Rich States, 2015, pp 149-168 from Palgrave Macmillan

Abstract: Abstract The main thesis of this study is that industrial policy formulation and implementation are best done in institutional environments characterised by embedded autonomy (for example, Rodrik 2004a, 2008). The term ‘embedded autonomy’ as used in this study refers to the strategic collaborative relationship that exists between bifurcated bureaucracies, which are autonomous and competent, and an entrepreneurial and capable private sector. Support for the thesis of embedded autonomy generally draws on the experience of Japan and the South East Asian NICs during the period when they were successfully transforming their economies under the guidance of a strong authoritarian government (for example, Johnson 1982; Amsden 1989).

Keywords: Corporate Social Responsibility; Industrial Policy; Civil Society Organisation; Corporate Social Responsibility Initiative; Aluminium Smelter (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-51609-1_9

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DOI: 10.1057/9781137516091_9

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