Industrial Policy in Developing Countries: Failing Markets, Weak States By Tilman Altenburg
Book Industrial Policy in Developing countries 2022
Notably because developing countries are usually perceived as not having the capacities necessary to perform public interventions meeting their particular requirements Industrial Policy in Developing Countries aims to address this issue by offering a sober and balanced assessment of both the potentials and perils of industrial policy in shaping the development trajectory of economies seeking to overcome poverty and create wealth CONTENTAltenburg and L tkenhorst begin by basing their analysis on the assumption that markets are ruled by societal goals The conception of industrial policy as merely the correction of idiosyncratic market failures is thus insufficient Instead.
EPub Industrial Policy in Developing countries pdf
Altenburg and L tkenhorst once again underline the importance of striking the right balance between the correction of market failures and the avoidance of state failures in the developing context and conclude by highlighting seven key lessons for future industrial policy 1 the pursuit of a national project of productive transformation aimed at economic diversification and the development of competitive advantages in higher value activities 2 the need for such projects to build on existing or anticipated comparative advantages and define pathways for upgrading 3 the need for the transformation process to balance economic.
Industrial Policy in Developing countriesfeild
Industrial policy understood as any government intervention aimed at the promotion or prevention of structural change is commonplace in developed countries with most controversy arising with respect to interventions selectivity However many observers remain skeptical regarding the role of industrial policy in developing countries industrial policy derives and guides the future trajectory of a society s socioeconomic development from its ethics and objectives The inherent trade offs that some of these goals may imply e. Book Industrial Policy in Developing countries pdf g between socially inclusive growth and environmental protection gives rise to a peculiar challenge to public policy The authors argue that industrial policy may foster social inclusion and address rising inequality via the promotion of SMEs and labor intensive production as well as through the spatial redistribution of economic benefits Turning to the issue of green industrial policy they argue why market based policy approaches to green economic transformation often face severe constraints outline how industrial policy may guide and direct policy towards green structural change despite high uncertainty and long time horizons and how it may deal with stranded assets. Industrial Policy in Developing Countries booking Next Altenburg and L tkenhorst discuss the desired scope and depth of industrial policy interventions offer an introduction to the political economy of industrial policy and what capacities are required to ensure effective policy making Based on this discussion they then develop a set of principles for the implementation of industrial policy Hereafter they answer the question about the specificity of industrial policy in developing instead of developed countries wherein they stress the importance of context specificity explain the challenge of latecomer economic growth and diversification argue for the need to kick start development the role of industrial policy concerning social inclusiveness and green growth in the face of poverty the difficulties of industrial policy in limited access orders and the strong role of external policy factors. Industrial Policy in Developing countrieskh Five country case studies on industrial policy in Tunisia Ethiopia Mozambique Namibia and Vietnam follow The mixed performance of these countries industrial policy forms the basis for a comparative analysis of key factors essential to the implementation of effective industrial policy business fragmentation conflict ridden state business relationships national transformation projects the mainstreaming of green growth and the balance between planning and search processes. Book Industrial Policy in Developing countries Finally social and environmental objectives 4 the design of industrial policy as a collaborative process of experimental learning 5 support for innovative ideas and encouragement for experimentation 6 the strengthening of linkages between firms and segments of the business community 7 the promotion of international and regional trade and investment links. Book Industrial Policy in Developing countries pdf STYLEThe book is academic in style in that it uses technical vocabulary makes extensive use of endnotes consistently provides citations and includes a comprehensive bibliography However as technical texts go this one is fairly easy to read with some background knowledge The text is well structured into chapters sections and paragraphs is not too long in itself 224 pages and largely avoids excessively long sentences At the beginning of each chapter a small synoptic paragraph offers an overview of the chapter s contents Unfortunately but perhaps owing to the nature of the subject the book contains only a few visual elements namely one figure 12 tables and five boxes. Industrial Policy in Developing Countries booker CRITIQUEThe title of this book should not be Industrial Policy in Developing Countries but rather Industrial Policy With Some Applications to Developing Countries The first five chapters and indeed than one third of the book bear few links to developing countries giving the book an inflated feel The really interesting stuff is in its middle namely in the chapters on the specificity of industrial policy in developing countries several selected case studies and the analysis of the determinants of industrial policy s success in a developing context Industrial Policy in Developing Countries Failing Markets Weak States
| Industrial Policy in Developing Countries: Failing Markets, Weak States By Tilman Altenburg |
| 1781000255 |
| 9781781000250 |
| English |
| 222 |
| Hardcover |
| Book Industrial Policy in Developing countries 2022 |
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