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Industrial Policy and Development
The Political Economy of Capabilities Accumulation
Edited by Mario Cimoli, Giovanni Dosi, and Joseph E. Stiglitz
608 pages
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numerous tables and figures
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234x156mm
978-0-19-923527-8
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Paperback
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24 September 2009
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- Includes contributions from leading academics and experts
- Edited by leading scholars including Nobel Prize winner Joseph E. Stiglitz
- Provides a comprehensive and in-depth exploration of industrial policies
In the 1990s, development policy advocated by international financial institutions was influenced by Washington Consensus thinking. This strategy, based largely on liberalization, privatization, and price-flexibility, downplayed, if not disregarded, the role of government in steering the processes of technological learning and economic growth. With the exception of the Far East, many developing countries adopted the view that industrial policy resulted in inefficiency and poor economic growth.
Ample historical evidence shows that industrial policy does work, when the right technologies and industries are supported and when
appropriate combinations of policy measures are implemented. This book provides an in-depth exploration of which industrial policies have been successful, the trade-offs associated with these microeconomic approaches to growth and development, and the opportunities and constraints associated with the current organization of international economic relations.Readership: Graduate students and advanced undergraduates in development studies, political economy, economic growth, labour economics, and industrial economics. Professional and academic economists, and policymakers.
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Edited by Mario Cimoli, Professor of Economics, University of Venice, and Economic Affairs Officer, ECLAC, United Nations, Giovanni Dosi, Professor of Economics, Scuola Superiore Sant'Anna, Pisa, and Joseph E. Stiglitz, University Professor, Columbia University Contributors:
Mario Cimoli, Economic Commission for Latin America and the Carribean (ECLAC) and University of Venice
Giovanni Dosi, LEM Pisa and University of Manchester
Joseph E. Stiglitz, Columbia University
Richard R. Nelson,
Carolina Castaldi, Utrecht University
Nelson Correa, ECLAC
Erik S. Reinert, Norway and Tallinn University of Technology
Michele Di Maio, University of Macerata
Yilmaz Akyuz, Former Director UNCTAD
Wilson Peres, ECLAC
Jose Gabriel Palma, University of Cambridge
Bernardo Kosakoff, Director ECLAC
Adrian Ramos, ECLAC
Antonio Barros de Castro, BNDES
Ajit Singh, University of Cambridge
Carl J. Dahlman, Georgetown University
Mushtaq H. Khan, SOAS, University of London
Stephanie Blankenburg, SOAS, University of London
Roberto Mazzoleni, Hofstra University
Alice H. Amsden
Colin Mayer, University of Oxford
Mario L. Possas, Federal University of Rio de Janeiro
Heloisa L. Borges,
IE/UFRJ
Mike Hobday, University of Sussex
Fernando Afonso de Barros Perini, University of Sussex
Benjamin Coriat, Universite de Paris 13
Annalisa Primi, ECLAC, United Nations
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Preface
1: Mario Cimoli, Giovanni Dosi , Joseph E. Stiglitz: The Political Economy of Capabilities Accumulation: The Past and Future of Policies for Industrial Development
General Introduction
2: Mario Cimoli, Giovanni Dosi, Richard R. Nelson, Joseph E. Stiglitz: Institutions and Policies Shaping Industrial Development: An Introductory Note
3: Carolina Castaldi, Mario Cimoli, Nelson Correa, Giovanni Dosi: Technological Learning, Policy Regimes and Growth: The Long Term Patterns and Some Specificities of a 'Globalized' Economy
Industrial Policies in an historical perspective
4: Erik S. Reinert: Emulation v. Comparative Advantage: Competing and Complementary Principles in the History of Economic Policy
5: Michele Di Maio: Industrial Policies in Developing Countries: History and Perspectives
6: Yilmaz Akyuz: Industrial Tariffs, International Trade And Development
7: Wilson Peres: The (Slow) Return of Industrial Policies in Latin America and the Caribbean
National and regional experiences
8: Jose Gabriel Palma: Flying Geese and Waddling Ducks: the Different Capabilities of East Asia and Latin America to 'Demand-Adapt' and 'Supply-Upgrade' their Export Productive Capacity
9: Bernardo Kosakoff, Adrian Ramos: Microeconomic Evolution in High Uncertainty Contexts: The Manufacturing Sector in Argentina
10: Antonio Barros de Castro: The Impact of Public Policies in Brazil Along the Path from Semi-Stagnation to Growth in a Sino-Centric Market
11: Ajit Singh: The Past, Present and Future of Industrial Policy in India: Adapting to the Changing Domestic and International Environment
12: Carl J. Dahlman: Growth and Development in China and India: The Role of Industrial and Innovation Policy in Rapid Catch-up
13: Mushtaq H. Khan, Stephanie Blankenburg: The Political Economy of Industrial Policy in Asia and Latin America
14: Roberto Mazzoleni, Richard R. Nelson: The Roles of Research at Universities and Public Labs in Economic Catch-up
15: Alice H. Amsden: Nationality of Firm Ownership in Developing Countries: Who Should Crowd Out Whom in Imperfect Markets?
16: Colin Mayer: A Question of Trust: Historical Lessons for Current Development
17: Mario L. Possas, Heloisa L. Borges: Competition Policy and Industrial Development
18: Mike Hobday, Fernando Afonso de Barros Perini: Latecomer Entrepreneurship: a Policy Perspective
19: Mario Cimoli, Benjamin Coriat, Annalisa Primi: Intellectual Property and Industrial Development: A Critical Assessment
Conclusion
20: Mario Cimoli, Giovanni Dosi, Joseph E. Stiglitz: The Future of Industrial Policies in the New Millennium: Toward a Knowledge-centered Development Agenda
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The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.
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