This note starts from the premise that policy makers invariably make mistakes, both intentional and unintentional. That requires shifting the focus from one-time choice of winners (sectors, industries, firms, and other organizations) to the process of error detection and error correction of the choices (with corresponding attention to governance). This note shifts the debate on government activism in support of globally competitive industries from...
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INFORMATION
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2011/09/01
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Fiche
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69815
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1
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1
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2012/06/11
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Disclosed
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New open economy industrial policy : making choices without picking winners
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Industrial Policies