Is There a Case for Industrial Policy? A Critical Survey

@inproceedings{Pack2006IsTA,
  title={Is There a Case for Industrial Policy? A Critical Survey},
  author={Howard Pack and Kamal Saggi},
  year={2006}
}
What are the underlying rationales for industrial policy? Does empirical evidence support the use of industrial policy for correcting market failures that plague the process of industrialization? This article addresses these questions through a critical survey of the analytical literature on industrial policy. It also reviews some recent industry successes and argues that public interventions have played only a limited role. Moreover, the recent ascendance and dominance of international… CONTINUE READING

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Working Paper No . 2010 / 106 Industrial Policy Old and New Issues

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