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Industrial Policy in an Era of Globalization
Globalization reigns supreme as a description of recent economic transformation--and it carries many meanings. In the policy realm, the orthodox terms of engagement have been enshrined in the "Washington consensus." But disappointing results in Latin America and transitional economies--plus the Asian financial crisis--have shaken the faith in Washington and elsewhere. One response has been to hark back to the more statist policies that the consensus marginalized. In this regard, Japan, Korea, and Taiwan are promoted as the poster nations that have derived great benefits from increasing integration with the international economy, without surrendering national autonomy in the economic or cultural spheres, effectively beating the West at its own game. The fundamental questions addressed in this monograph are whether industrial policy was indeed a major source of growth in these three economies, and if so, can it be replicated under current institutional arrangements, and if so, is it worth replicating, or, would developing countries today be better off embracing the suitably refined orthodoxy?
New Structural Economics
This book provides an innovative framework to analyze the process of industrial upgrading and diversification, a key feature of economic development. Based on this framework, it provides concrete advice to development practitioners and policy makers on how to unleash a country's growth potential.
Industrial Policy in the Middle East and North Africa
Most governments in the Middle East and North Africa (MENA) region use trade policy to protect certain industries, provide tax incentives to promote a particular type of investment, and make subsidized credit available to firms of a certain size. Such government intervention, known as industrial policy, is the topic of this book. The aim is to assess whether state intervention leads to net benefits to society, why policymakers intervene, and how to bring about a healthier balance between states and markets. Answers to these questions are given in six chapters based on research papers that were presented at a conference held in Cairo in November 2005, and include case studies on Egypt, Morocco, Turkey, and Jordan. Contributors: Hasan Ersel, Ahmed Galal, Najib Harabi, Nihal El Megharbel, Mustapha Nabli, and Marcus Noland. An Egyptian Center for Economic Studies / World Bank Publication
Technology, Learning, and Innovation
In this volume, published in 2000, leading scholars analyze in a series of essays and commentaries how newly industrializing countries (NICs), particularly those in East Asia, have transformed themselves from technologically backward and poor to relatively modern and affluent economies over the past thirty years. The contributors provide interesting theoretical perspectives and offer insights into the process of technological progress at both the macro and micro levels in these countries. The essays review how firms, particularly those in electronics and automobiles, have dynamically accumulated technological capabilities at the micro level, how public policies have shaped the process of technological progress at the national level, and what problems some of these countries face today at both levels. In addition, the volume provides a comparison of East Asian NIC's with their Latin American counterparts. The discussion also offers useful lessons for policies in other developing countries.
Shortcut or Piecemeal
Alternative strategies of economic development have received little attention in the literature. Academics rarely compare certain strategic features or assess the performance of different strategies in terms of outcomes. This book seeks to address that gap and to provide a theoretical background to the shift from industry to human capital-intensive services as the engine of economic growth. Pioneering studies reveal interesting trends and patterns that point to the growing importance of intangible capital for the level of GDP. They also indicate a much greater role of economic freedom in bringing about this second great structural change than was the case with industrialization. With this perspective on structural change and the role of freedom, Shortcut or Piecemeal also provides an extensive assessment of four key developing countries: Brazil, Russia, India, and China. ΓΏ
Industrial Development in East Asia
This book presents a broad descriptive and quantitative evaluation of industrial policies in four East Asian economies OCo Japan, Korea, Taiwan, and Singapore OCo with a special focus on Singapore. The book offers a comprehensive overview of the discussions on the concept of industrial policy within the East Asian context and quantitative assessments of these policies through productivity analyses and CGE modeling, especially where Singapore is concerned. It demonstrates evidence for the positive role of industrial policies and government activism in welfare improvements and industrial development."
Annual World Bank Conference on Development Economics 2003
This annual conference is a global gathering of the world's leading scholars and development practitioners. Among the attendees are participants from developing countries, universities, think tanks, NGOs, and international financial institutions. These papers concentrate on issues like trade and poverty; Africa's future; rural or industrial development; education and empowerment; and investment climate and productivity.
Boys' Book of Indian Warriors and Heroic Indian Women
"Boys' Book of Indian Warriors and Heroic Indian Women" by Edwin L. Sabin is a captivating and insightful compilation of true stories that brings to life the bravery, cultural richness, and diversity of Native American warriors and women throughout history. Through a series of engaging narratives, Sabin introduces readers to a wide array of Native American leaders, warriors, and women who played significant roles in their tribes and communities. Each chapter offers a glimpse into the lives, accomplishments, and struggles of these individuals, shedding light on their contributions to their people, their relationships with other tribes, and their interactions with European settlers. The book h...
