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http://hdl.handle.net/10419/54072
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| Title: | | Industrial policy: Old and new issues  |
| Authors: | | Naudé, Wim |
| Issue Date: | | 2010 |
| Series/Report no.: | | Working paper // World Institute for Development Economics Research 2010,106 |
| Abstract: | | The debate on industrial policy (IP) has been characterized by a number of contractions over the concept of industrial policy, its merits, contents and application. The purpose of this exploratory paper is to review the debate on IP. Outlining the concept and instruments of industrial policy, the paper reviews the evolution of IP over time, and discusses the current tension between the theory and practice of IP. Contrasting 'old' and 'new' issues in the debate, a tentative conclusion is that a fragile consensus on IP is within reach. This implies that the future debate - the 'new' issues - on IP will need to be increasingly concerned with (i) the 'how' of IP rather than the 'why' and (ii) with the new challenges and trends that will shape the content of IP. |
| Subjects: | | industrial policy structural transformation trade development least developed countries |
| JEL: | | O14 L50 L52 O25 L60 L16 L26 F13 H87 |
| ISBN: | | 978-92-9230-344-0 |
| Document Type: | | Working Paper |
| Appears in Collections: | | WIDER Working Papers, United Nations University (UNU)
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