Industrial Policies for Inclusive Green Development: Challenges and Opportunities for Resource-Rich Latin American Countries

Eva Paus ()
Additional contact information
Eva Paus: Mount Holyoke College, Economics

Chapter Chapter 2 in Toward Inclusive Development in Latin America, 2026, pp 31-59 from Palgrave Macmillan

Abstract: Abstract Industrial policies (IPs), broadly understood, are essential for the implementation of an inclusive green development strategy. I argue that a combination of structural economics, green IPS, and a mission-based approach is the most appropriate approach to the conceptualization and implementation of IPs. I analyze the conditions for successful IP outcomes, investigate the possibilities for upgrading and diversification in research-rich Latin American countries, and explore the opportunities and limitations of significant foreign-owned production, especially from China. Government leadership and sufficiently broad-based agreement on IPs are the foremost conditions for IP success. In their absence, other factors cannot compensate. But when they exist, the other factors become critical: capabilities, continuity, transparency, accountability, coordination, win-win polices, and a persuasive narrative.

Keywords: Green developmental state; Industrial policies; Conditions for policy success; Upgrading and diversification; Direct foreign investment; China; Government leadership; Critical minerals; Systemic change; Productive capabilities (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:pslchp:978-3-032-08588-7_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9783032085887

DOI: 10.1007/978-3-032-08588-7_2

Access Statistics for this chapter

More chapters in Palgrave Studies in Latin American Heterodox Economics from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().