Cluster policy has become a method of choice for policymakers in many countries. Promoting strong localized industries is an appealing perspective for practitioners, as it can be seen as a way to anchor economic activity in regions in an era of globalization. If cluster policy is successful, it...

This study distinguishes between industrial policy that stimulates incumbent industry development, `pro-business policy', and industrial policy that promotes the development of free markets, `pro-market policy'. We find that there is a positive relation between the level of countries'...

Is resource abundance a blessing or a curse? Typically, in resource rich countries, domestic fuel prices are lower, and energy intensity of GDP is higher. But they have higher investment in R&D and fixed capital stock, larger foreign exchange reserves and more inflows of FDI. They also have...

While Mexico has potential to grow rapidly, its economic growth has remained low for the past three decades. There is no consensus on the country’s development path or on how to achieve specific goals. Since the policy debate remains ideological and lacks pragmatism, productive development...

This paper reviews productive development policies (PDPs) in Guatemala, focusing on the alleged justification of existing programs in terms of the market or government failures they are meant to address. An effort is made to identify how the different instruments complement or contradict each...

In contrast to the limited impact of aggregate-level productive development policies (PDPs) in Argentina, micro-level PDPs in several sectors have proven highly successful. This study seeks to understand how these PDPs succeeded in a challenging environment, what kinds of mechanisms were...

This paper proposes a model of theoritical reflection on the following fact: the Moroccan industrial economy is not competitive and technological gap is wide between local industries and foreign firms. This observation leads us to organize this debate by offering a rigorous theoretical framework...

Purpose – The purpose of this paper is to examine changes in manufacturing agglomeration in a small open economy over the last decade. This is done during a time when manufacturing in most developed countries is in relative decline. Design/methodology/approach – This work adapts the...

The clusters and the poles of competitiveness favour exchanges between enterprises, universities, research centres and institutes in a concept of immediate proximity. The clusters and the poles of competitiveness must stimulate the urge for innovation, uphold the new national leaders in leading...

Cluster policy has become a method of choice for economic policymakers in many nations and regions in both industrialized and developing countries. Since the beginning of the 1990s, the policy is being perceived by politicians and practitioners as a way to anchor economic activity in locations...