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...
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INFORMATION
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2006/07/22
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Article de revue
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76762
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1
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1
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2013/04/17
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Disclosed
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Is there a case for industrial policy? A critical survey
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Industrial Policies
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