Manufacturing in Latin America and the Caribbean region (LAC) faces severe competitive stresses as it integrates into the global economy. It is not, on the whole, coping well. Though it was the first region in the developing world - in the post-war era - to liberalize on international trade and...

This study, sponsored by the World Bank, is based on a detailed analysis of a sample of manufacturing enterprises of different sizes, ownership forms and specialisations in Ghana. It examines why industry in general has low capabilities and what effects the rapid liberalisation of the Ghanaian...

The paper reviews the nature of current globalization and the growing divergence in competitive performance in the developing world. It considers the case for industrial policy, contrasting the neoliberal with the structuralist approach. It argues that there is a valid case for selective...