Industrial Policies in Developing Countries: History and Perspectives

Michele Di Maio

No 48-2008, Working Papers from Macerata University, Department of Finance and Economic Sciences

Abstract: This paper presents a historical and empirical account of the role played by government intervention in the form of industrial policies in spurring development and growth in developing countries in the last fifty years. Adopting the taxonomy proposed in Cimoli et alt. (2008), it describes the set of industrial policies implemented since the end of WWII to today in a number of developing countries. Which are the characteristics of successful industrial policies? Are there industrial policies, among the ones that have worked in the past, which can be also useful in the present context? Is there a fit-all recipe, or the high degree of country heterogeneity makes impossible to identify any general effective industrial policy? These are some of the questions this papers tries to suggest some answers.

Keywords: Industrial policy; Developing Countries; East Asia; Latin America (search for similar items in EconPapers)
Date: 2008-10, Revised 2008-10
New Economics Papers: this item is included in nep-dev, nep-his and nep-sea
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Citations: View citations in EconPapers (11)

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