The Role of Industrial Policy as a Development Tool: New Evidence from the Globalization of Trade-and-Investment

Theodore Moran

Working Papers from eSocialSciences

Abstract: This paper identifies the ingredients for what it calls “light-handed†industrial policy to address these obstacles. To a certain extent, emerging market hosts can carry out the policy interventions recommended here on their own. But the evidence presented in this paper shows that external support is often essential to success. Developed countries, development agencies, and multilateral financial institutions have crucial roles to play. The paper concludes therefore with policy implications for developing countries, developed countries, and multilateral financial institutions.

Keywords: financial institutions; developed countries; developing; multilateral; emerging markets; policy interventions; industrial policy; trade; investment; Globalization; economy; emerging market (search for similar items in EconPapers)
Date: 2016-01
Note: Institutional Papers
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Working Paper: The Role of Industrial Policy as a Development Tool: New Evidence from the Globalization of Trade-and-Investment (2015)
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