This paper tests a neo-Schumpeterian model with industry-level data to analyze how Brazil, India, and China are catching up with South Korea’s technological frontier in a globalized world. The paper validates Aghion et al.’s inverted-U hypothesis that industries that are closer to the...

This paper discusses a possible case for industrial policy, with special reference to the two emerging global giants, China and India. It begins with a clarification of the meaning of industrial policy, since not only does the term mean different things to different people, but the traditional...

This title presents a novel and timely contribution to the literature on economic development in Asia. By placing up-to-date analyses of the Chinese and Indian experiences alongside more established views of the tiger economies, we see a much more complex yet insightful examination of the...