Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing countries' economic development from the formerly prevailing...

During the past two decades, the “Washington Consensus” has been the dominant recipe for unleashing economic growth in developing countries. In view of the strong criticism mounted against it, it seems to have lost prominence recently. The success of the East Asian newly industrialized...

Cluster policy has gained remarkable prominence in regional and sectoral structural policy in industrialized countries. Instead of compensating for weaknesses it focuses on strengths in the local and regional economic structure. In Germany, handing out regional development funds in competitions...

The concept of basic needs is today at the center of many discussions about development and the international order. Some international organizations are rethinking their prior evaluation of development policies based largely on aggregate economic output, in particular, the welfare of the very...

This paper describes the methods used to construct an index to measure the maritime potential of nations. This prototype uses a limited number of variables to measure (a) the locational advantage of having a long coastline in comparison to the landmass (Maritime Potential Index MPI) , (b) the...

Abstract This paper provides a critical analysis of the World Bank’s new thinking on industrial policy. After outlining the changing perspectives on industrial policy put forward by the World Bank over the last three decades, we argue that the bank’s economists have taken one step forward...

This paper describes the major instruments of industrial policy in Morocco since its independence (1956) and assesses them empirically. Regarding the second objective, several methods for assessing the impact of industrial policy exist in the economic literature. In this paper the question is...

Income distribution among social classes, a preferred topic by the classical economists, has not often been frequented by later scholars. Some recent studies show a new interest, and a generalized increase in income concentration in favor of the capitalist class, particularly in Latin America....

An extended reproduction model is used to simulate the effects of alternative poverty reduction strategies. Three policy variables are introduced: (de)indebtedness policy, investment policy and income distribution policy, contributing respectively to the objectives of policy sovereignty,...