Paradigms of development: A Rejoinder

Sanjaya Lall

Oxford Development Studies, 1997, vol. 25, issue 2, 245-253

Abstract: The comments by Tsai illustrate some important points in the industrial policy debate, though they also reflect a misconception of the purposes of my paper. My rejoinder describes briefly the 'revisionist' case, noting that it provides grounds for careful government policies to overcome market failures and not for wholesale, inefficient intervention. It discusses why Tsai's critique of my interpretation of the Asian Tigers is misplaced, and goes on to argue that the 'revisionist' case does not underestimate the costs of government failure. It does, however, hold that selective interventions are feasible in certain circumstances, and that other developing country governments can leant from the East Asian experience.

Date: 1997
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/13600819708424133 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:oxdevs:v:25:y:1997:i:2:p:245-253

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CODS20

DOI: 10.1080/13600819708424133

Access Statistics for this article

Oxford Development Studies is currently edited by Jo Boyce and Frances Stewart

More articles in Oxford Development Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().