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economic policies: The reform process included not only financial liberalization and trade reforms, but also the privatization … advocated privatization as a "must" policy tool. The paper explores the effects of privatization on regional growth of Turkish … or substitute of the private sector. The findings show that privatization has no perverse effects on the development of …
Persistent link: https://www.econbiz.de/10008938534
Vietnam's industrial development since doi moi is a success, but only a partial one. This paper provides a political economy account of Vietnam's industrial growth since 1986. It shows that the key determinant of Vietnam's industrial growth lies in the relationship between the party-state and...
Persistent link: https://www.econbiz.de/10010438036
The question of industrial policy has gained prominence in the policy agenda over the last decade, despite its persistently ambiguous and incomplete definition. What is the effect of an inadequate definition and implementation of industrial policy for structural transformation in underdeveloped...
Persistent link: https://www.econbiz.de/10013245918
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...
Persistent link: https://www.econbiz.de/10010814558
Persistent link: https://www.econbiz.de/10011735233
This paper investigates how the sector-specific source or the changing sectoral composition of labor productivity has contributed to β-convergence, using a newly constructed eightsector database. The main findings are twofold. First, both within and sectoral reallocation have become important...
Persistent link: https://www.econbiz.de/10013172488
Three major policy regimes, namely import substitution, market liberalization and export promotion have greatly influenced Kenyan industrialization since independence in 1963. Overall, import substitution strategy was successful in establishing some primary industries but led to reduced domestic...
Persistent link: https://www.econbiz.de/10010415867
This paper argues that the single most important factor that explains East Asia's development success was its fast structural transformation toward industrialization, manufacturing in particular. Workers moved out of agriculture into manufacturing, and the sector diversified and upgraded its...
Persistent link: https://www.econbiz.de/10011880565
In this paper we determine the industry 4.0 (I4.0) readiness of eight Central and Eastern European countries (CEECs): Bulgaria, the Czech Republic, Lithuania, Hungary, Poland, Romania, the Slovak Republic and Slovenia. We outline the nature of manufacturing in the region, describe three distinct...
Persistent link: https://www.econbiz.de/10011978455
We argue that the US trade and industry sector has experienced several unsustainable sectoral processes, including (i) a fall in the trade balance in machinery and equipment and high-tech (HT) industries, (ii) a rise in import multipliers in machinery and equipment and HT industries, (iii) a...
Persistent link: https://www.econbiz.de/10014531235