Corpus ID: 18889882

Reinventing Industrial Strategy: The Role of Government Policy in Building Industrial Competitiveness

@article{Lall2004ReinventingIS,
  title={Reinventing Industrial Strategy: The Role of Government Policy in Building Industrial Competitiveness},
  author={S. Lall},
  journal={Annals of Economics and Finance},
  year={2004},
  volume={14},
  pages={785-829}
}
  • S. Lall
  • Published 2004
  • Economics
  • Annals of Economics and Finance
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 interventions in overcoming the market and institutional failures in building the capabilities required for industrial development. It describes the strategies adopted by the Asian Tigers to build industrial… Expand
304 Citations

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