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Persistent link: https://www.econbiz.de/10014391231
We discuss recent work evaluating the role of the government in shaping the economy during the long 19th century, a practice we refer to as industrial policy. We show that states deployed a vast variety of different policies aimed at, primarily, but not exclusively, fostering industrialization....
Persistent link: https://www.econbiz.de/10014391314
In diesem Artikel diskutieren wir die Notwendigkeit von Industriepolitik und die Rolle der Entwicklungsbanken für … Vorteil einer leichteren Industrialisierung, führt aber nicht automatisch zu Produktivitätsniveaus, die mit denen des globalen … Erleichterung des wirtschaftlichen Aufholprozesses des globalen Südens als Teil der notwendigen Industriepolitik. Sie können …
Persistent link: https://www.econbiz.de/10012940029
The catching-up of countries in the Global South to productivity levels and living standards of the Global North is the exception. There are two main economic explanations for this. First, developing countries are pushed to low-tech-labor-intensive productions and tasks in global value chains....
Persistent link: https://www.econbiz.de/10012231981
Global Value Chains (GVCs) started to play an increasing and key role in the global economy from the 1990s on. The market mechanism in GVCs supports industrialisation in the Global South and under certain conditions product and process upgrading. But GVCs do not lead to the catching-up of...
Persistent link: https://www.econbiz.de/10012061427