Industrial Policy in Developing Countries: What Can We Learn from East Asia?

Sanjaya Lall

Chapter 4 in International Handbook on Industrial Policy, 2006 from Edward Elgar Publishing

Abstract: This timely and much-needed Handbook reconsiders an old topic from a fresh perspective, raising a number of new, interesting and worthwhile issues in the wake of ten years of globalization. This comprehensive analysis illustrates that old-style industrial policies whereby the government directly intervened in markets, and was often the producer itself, are no longer relevant. Structural changes occurring in economies – summarized in the term ‘globalization’ – are triggering the definition and implementation of new industrial policies. The contributors, leading experts in their field, unite to evaluate this shift of over a decade ago.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2006
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