The debate on industrial policy (IP) has been characterized by a number of contractions over the concept of industrial policy, its merits, contents and application. The purpose of this exploratory paper is to review the debate on IP. Outlining the concept and instruments of industrial policy,...

In considering pathways to industrialization in the twenty-first century, cognisance needs to be taken of the fact that many countries have actually been deindustrializing. This paper analyses deindustrialization experiences internationally, by decomposing changes in the level and share of...

This paper draws on both successful and failing cases of industrialization in China to analyse the role of local governments in fostering the growth of light manufacturing. The broad spectrum of support types and the intimate knowledge of enterprise conditions by these local governments make...

This article analyzes the industrial structure behavior of Colombia and its regions between 1974 and 2005, to determine, if the liberal reform carried out at the end of the 20th century caused the industrial stagnation and its lack of diversification. The evidence proved that the “slow down”...

One of the main aims of China's 12th Five-Year Program, which covers the period 2011-15, is to make Chinese industry more competitive. In order to achieve this, six key sectors have been designated for merger and restructuring, while seven have been designated for the creation of strategic new...

What is the relationship between foreign manufacturing multinational corporations (MNCs) and the expansion of indigenous technological and managerial technological capabilities among Chinese firms? China has been remarkably successful in designing industrial policies, joint venture requirements,...

This report assesses major opportunities and constraints for the development of Eastern Africa's manufacturing sector, considers suitable examples from other regions, and draws lessons to enhance the manufacturing sector's contribution to Eastern Africa's economic transformation. The report is a...

The so-called “Industry 4.0” is giving birth to a new concept of factory, thus today more than ever governments needs a strong industrial policy ensuring competitiveness of their enterprises. The call of manufacturing industry for more clear and robust industrial policies and commitments...

Downward trend in demand curbs growth of industrial output. At the same time, plans and projections of enterprises still remain optimistic. In the context of personnel shortage businesses put out considerable efforts aimed at keeping their workers and plan to increase employment

This appendix provides the complete list of sample firms and the robustness checks results discussed in the paper, Industrial Policy and Asset Prices: Stock Market Reactions to Made In China 2025 Policy Announcements, found here:"https://ssrn.com/abstract=3521006" https://ssrn.com/abstract=3521006