Journal ArticleDOI
Industrial policy: don't ask why, ask how
TLDR
The theoretical case for industrial policy is a strong one as discussed by the authors, and the market failures which industrial policies target, in markets for credit, labor, products, and knowledge, have long been at the core of industrial policy.Abstract:
The theoretical case for industrial policy is a strong one. The market failures which industrial policies target — in markets for credit, labor, products, and knowledge — have long been at the core...read more
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BookDOI
Growth identification and facilitation : the role of the state in the dynamics of structural change
Justin Yifu Lin,Célestin Monga +1 more
TL;DR: In this article, the authors proposed a new approach to help policymakers in developing countries identify those industries that may hold latent comparative advantage and recommend ways of removing binding constraints to facilitate private firms entry into those industries.
Journal ArticleDOI
DPR Debate: Growth Identification and Facilitation: The Role of the State in the Dynamics of Structural Change
Justin Yifu Lin,Célestin Monga,Dirk Willem te Velde,Suresh D. Tendulkar,Alice H. Amsden,K. Y. Amoako,Howard Pack,Wonhyuk Lim +7 more
TL;DR: The role of the state in the Dynamics of Structural Change was discussed in a previous DPR debate as discussed by the authors, where the authors put forward a new approach to help policy-makers in developing countries identify those industries that may hold latent comparative advantage, and recommends ways of removing binding constraints to facilitate private firms' entry into those industries.
Journal ArticleDOI
Agriculture in African Development: Theories and Strategies
TL;DR: In this article, the authors argue that agricultural development strategies will vary widely because of heterogeneity across and within countries, and they suggest that agricultural growth is not a prerequisite for growth in other sectors.
Posted Content
Industrial Policy for a Sustainable Growth Path
TL;DR: In this article, the authors define industrial policy for industrialised countries as a strategy to promote "high-road competitiveness", understood as the ability of an economy to achieve "Beyond-GDP" goals.
Journal ArticleDOI
Entrepreneurial ecosystems and public policy in action : a critique of the latest industrial policy blockbuster
Ross Brown,Suzanne Mawson +1 more
TL;DR: In this article, the authors acknowledge the funding received from the University of St Andrews Knowledge Exchange Impact Fund (KEIF) for their work in the area of knowledge exchange and knowledge exchange.
References
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Journal ArticleDOI
Economic Development with Unlimited Supplies of Labour
TL;DR: In this article, the authors present a different framework for solving problems of distribution accumulation and growth first in a closed and then in an open economy, where the assumption of an unlimited labor supply is used.
Book
Embedded Autonomy: States and Industrial Transformation
TL;DR: In this paper, state agencies, local entrepreneurs, and transnational corporations shaped the emergence of computer industries in Brazil, India, and Korea during the seventies and eighties, and the success and failures of state involvement in the process of industrialization have been analyzed.
Posted Content
Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages
TL;DR: In this paper, the authors studied the impact of trade and foreign direct investment on the productivity of domestic firms in the manufacturing sector in the country of Lithuania and found that a 10 percent increase in the foreign presence in downstream sectors is associated with a 0.38 percent rise in output of each domestic firm in the supplying industry.
Journal ArticleDOI
The microfinance promise
TL;DR: In this article, the authors highlight the diversity of innovative mechanisms beyond group-lending contracts, the measurement of financial sustainability, the estimation of economic and social impacts, the costs and benefits of subsidization, and the potential to reduce poverty through savings programs rather than just credit.
BookDOI
Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages
TL;DR: In this paper, the authors focus on the issue of FDI spillovers through backward linkages and go beyond existing studies by shedding some light on factors driving this phenomenon, which is consistent with the existence of knowledge spillovers from foreign affiliates to their local suppliers, but they may also be a result of increased competition in upstream sectors.