Section outline

  • 15 April 2011
    Palais des Nations, room XXII

    Industrial policy and productive integration

    Industrial policy has been pursued by many successful countries, developed and developing countries alike. It has also been a source of policy failure and discord. Thus, the key question is not whether to adopt industrial policy but how to make sure that it is pursued effectively. After reviewing the theoretical and empirical debates surrounding industrial policy and development, the first part of this course will discuss a variety of industrial policy strategies. It will also address the ways in which practical implementation challenges can be overcome. The second part of the course will introduce the idea of a middle-income trap and discuss how industrial policy, including through South–South linkages and cooperation, could help to overcome this trap.

    Delivered by: Division on Globalization and Development Strategies and the Unit on Economic Cooperation and Integration among Developing Countries.