The Political Economy of Industrialization: Introduction to Development and Change Virtual Issue

Servaas Storm

Development and Change, 2017, vol. 48, issue 6, e1-e19

Abstract: The ‘political economy of industrialization’ in mixed economies has been a key concern of Development and Change right from the start, as will be clear from this collection of 22 articles, published in the journal between 1970 and 2015. All papers analyse what government should and should not do — and, more importantly, what government can do to foster industrial development within the constraints and contradictions imposed by domestic political alignments and the global capitalist order. The 22 papers in this virtual issue are grouped under three broad headings: (1) varieties of industrialization experiences; (2) the macroeconomics of industrialization; and (3) state capitalism and industrialization. This introductory essay discusses the main themes of each grouping and justifies why the papers have been included by highlighting how each one engages with the main themes and what lessons it holds for industrialization now.

Date: 2017
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