Article2010

Industrial Policy and Development: A Political Economy Perspective

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Asian Industrial and Economic Development Economic and Industrial Development Economic Theory and Policy

Abstract

this paper I discuss the role of industrial policy in development. I make five main arguments. First, from a theoretical point of view there are good grounds for believing that industrial policy can play an important role in promoting development. Second, there certainly are examples where industrial policy has played this role. Third, for every such

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References

2012The Colonial Origins of Comparative Development: An Empirical Investigation: Reply 1990Governing the Market 2005Economic Origins of Dictatorship and Democracy 1995Embedded Autonomy 1990Asia's Next Giant: South Korea and Late Industrialization 1995The East Asian Miracle: Economic Growth and Public Policy. A World Bank Policy Research Report. London: Oxford University Press, 1993. xvii, 289 pp.1983MITI and the Japanese Miracle. The Growth of Industrial Policy, 1925—1975 2005The Rise of Europe: Atlantic Trade, Institutional Change, and Economic Growth

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