The case for industrial policy: a critical survey
"What are the underlying rationales for industrial policy? Does empirical evidence support the use of industrial policy for correcting market failures that plague the process of industrialization? To address these questions, the authors provide a critical survey of the analytical literature on...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
2006
|
| Schriftenreihe: | Policy research working paper
3839 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "What are the underlying rationales for industrial policy? Does empirical evidence support the use of industrial policy for correcting market failures that plague the process of industrialization? To address these questions, the authors provide a critical survey of the analytical literature on industrial policy. They also review some recent industry successes and argue that only a limited role was played by public interventions. Moreover, the recent ascendance of international industrial networks, which dominate the sectors in which less developed countries have in the past had considerable success, implies a further limitation on the potential role of industrial policies as traditionally understood. Overall, there appears to be little empirical support for an activist government policy even though market failures exist that can, in principle, justify the use of industrial policy. "--World Bank web site |
| Beschreibung: | Includes bibliographical references. - Title from PDF file as viewed on 2/7/2006 Erscheinungsjahr in Vorlageform:[2006] |
| Beschreibung: | 1 Online-Ressource (51 Seiten) |
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| spellingShingle | Pack, Howard 1938- Saggi, Kamal The case for industrial policy a critical survey |
| title | The case for industrial policy a critical survey |
| title_auth | The case for industrial policy a critical survey |
| title_exact_search | The case for industrial policy a critical survey |
| title_full | The case for industrial policy a critical survey Howard Pack, Kamal Saggi |
| title_fullStr | The case for industrial policy a critical survey Howard Pack, Kamal Saggi |
| title_full_unstemmed | The case for industrial policy a critical survey Howard Pack, Kamal Saggi |
| title_short | The case for industrial policy |
| title_sort | the case for industrial policy a critical survey |
| title_sub | a critical survey |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3839 |
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