Industrial Policy in the Twenty-First Century: Challenges for the Future

John Weiss

No wp-2011-055, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Industrial policy has attracted considerable controversy in the development context. This paper makes a case for a pragmatic and limited approach to interventions as a means of stimulating industrialization in the context of current and future challenges facing newly industrializing economies. It begins with a simple definition of industrial policy, a brief survey of the theoretical case, and a taxonomy of different possible interventions.

Keywords: Industrial policy; Industrial productivity; Industrialization; International trade; Trade regulation (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (5)

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