Industrial Policy: Recipes or Institutions?

V. Polterovich
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V. Polterovich: CEMI RAS, Moscow, Russia
Authors registered in the RePEc Author Service: Виктор Меерович Полтерович

Journal of the New Economic Association, 2014, vol. 22, issue 2, 190-195

Abstract: The realization of investments into the long-run growth rate of GDP requires the institutions of industrial policy, which would ensure search and implementation of its effective recipes. Such institutions and recipes are discussed in the article. Principles of effective governance for non-removable authority are formulated, which follow from the Chalmers Johnson's theory of developmental state.

Keywords: catching-up development; non-removability of the authority; developmental state; regulatory state; interactive planning; regional development agencies (search for similar items in EconPapers)
JEL-codes: L52 O21 O25 O33 O38 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:nea:journl:y:2014:i:22:p:190-195

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