Introduction: The Rejuvenation of Industrial Policy

Joseph Stiglitz, Justin Lin () and Célestin Monga
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Célestin Monga: World Bank

A chapter in The Industrial Policy Revolution I, 2013, pp 1-15 from Palgrave Macmillan

Abstract: Abstract Knowledge validation has never been a painless process. It often takes a major, disastrous historical event for even the most self-evident ideas to gain wide recognition. It is therefore not surprising that the Great Recession of 2008–09 — whose global economic and social cost is still yet to be quantified -has led to a rethinking of many aspects of what might be thought of as the conventional wisdom in economics.

Keywords: European Union; Foreign Direct Investment; World Trade Organization; Market Failure; Industrial Policy (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1057/9781137335173_1

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