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Title:New challenges for industrial policy PDF Logo
Authors:Naudé, Wim
Issue Date:2010
Series/Report no.:Working paper // World Institute for Development Economics Research 2010,107
Abstract:This paper calls for a fresh look at industrial policies in the light of recent trends and developments in the global economy. In particular, five new challenges and their implications for industrial policies are discussed. These have been neglected in the debate on industrial policy and include (i) the increasing globalization of the world economy, most pertinently the rise of global production sharing, (ii) the recent crises in food, fuel and financial markets, (iii) climate change, (iv) the rise of China and India, and (v) the rise of the 'entrepreneurial economy'. Directions for further research are outlined. This paper is a follow-up to the earlier WIDER Working Paper entitled 'Industrial Policy: Old and New Issues'.
Subjects:industrial policy
structural transformation
development
financial crisis
climate change
JEL:O14
L50
L52
O25
L60
L16
L26
F13
H87
ISBN:978-92-9230-345-7
Document Type:Working Paper
Appears in Collections:WIDER Working Papers, United Nations University (UNU)

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