Industrial development in developing countries and the role of government interventions

Autor: S. LALL, G. KELL
Jazyk: angličtina
Rok vydání: 2013
Předmět:
Zdroj: PSL Quarterly Review, Vol 44, Iss 178 (2013)
Druh dokumentu: article
ISSN: 2037-3643
2037-3635
DOI: 10.13133/2037-3643/10642
Popis: The work argues that while export orientation (in the sense of providing neutral incentives between foreign and domestic markets) is desirable, the experience of successful industrialisers does not support the minimalist government role prescribed. On the contrary, the most successful industrialisers have been dynamic precisely because they intervened heavily in the process of building up technological capabilities. Their interventions were both “functional” and “selective”, though the extent and choice of intervention varied greatly. JEL: O14
Databáze: Directory of Open Access Journals