Industrial policy has attracted considerable controversy in the development context. This paper makes a case for a pragmatic and limited approach to interventions as a means of stimulating industrialization in the context of current and future challenges facing newly industrializing economies....

Regional disparities within the People’s Republic of China are now an important policy question. Recently the three provinces of the north-east region has been identified as priority areas for regional development, along with the Western part of the country. The north-east is the old...