Much of the debate about Asia's economic success has focussed on the respective roles of the market and state. It has been argued that industrial policy has helped address market failures and achieve critical coordination of development planning and process. Yet, starkly contrasting market and...

The conventional paradigm about development banks is that these institutions exist to target well-identified market failures. However, market failures are not directly observable and can only be ascertained with a suitable learning process. Hence, the question is how do the policymakers know...

We examine the extent to which two of Africa's leading gold mining economies, Ghana and Tanzania, have adopted transformative local procurement policies to enhance backward linkages from the minerals sector. We assess the impact that evolving legislation in the gold industry has had on...

The objective of this study is to analyze the performance of Brazilian exports of industrialized products in the period 2005-2016, with approaches that allow identifying some factors that characterize this process, not only at the level of industrial activity as a whole, but also in terms of the...

Multinational production has become increasingly important in recent decades. Countries resort to different industrial policies to influence the geography of this production. In this paper, we focus on a ubiquitous 'soft' industrial policy that aims at reducing information barriers - investment...

This paper calls for a fresh look at industrial policies in the light of recent trends and developments in the global economy. In particular, five new challenges and their implications for industrial policies are discussed. These have been neglected in the debate on industrial policy and include...

Finpro is an expert service organization, partly financed from public funds, providing services for internationalization - market information, consulting and advice, business development, and other related services. It is one of the largest organizations in the Finnish innovation and business...

The Common Task Improvement of Regional Economic Structureʺ is one of the most important instruments for the Reconstruction Eastʺ. Herein the federal states have an extensive flexibility to define their own kind of industrial policy. Due to their structural deficits this paper is focused on...

This paper debates some dilemmas involved in today`s Brazilian industrial policy. First, I will explain the current industrial policy debate in Brazil, stressing the dilemmas involved in supporting the development of technology-intensive sectors in a highly diversified economy led by low and...

This paper explores the implications of climate change for industrial policy (IP). Five implications are discussed, namely the need for international coordination of IPs; for putting human development, and not emission targets, as the overriding objective of low-carbon IP; of stimulating...