Policies for Promoting Technological Catch Up: Towards a Post-Washington Approach
AbstractThis paper analyzes the evolution of policies for technology catch-up through three periods: the import substitution period, the (augmented) Washington Consensus period and the post-Washington period. We analyze the dominant policy models and practices in each of these periods as co-evolving with the dominant academic ideas, thereby changing the conditions for catching up. We develop several dimensions or building blocks that characterize the policies for technology catch-up. These dimensions are used to characterize each of the three policy periods with the objective of outlining the generic features of an emerging post-Washington approach to technology catch-up policies in relation to past approaches.(Please Puchase For Further Reading)
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Bibliographic InfoArticle provided by Faculty of Economics and Administration, University of Malaya in its journal International Journal of Institutions and Economies.
Volume (Year): 1 (2009)
Issue (Month): 1 (June)
technology; catch up; import-substitution; post-Washington consensus;
Find related papers by JEL classification:
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
- O38 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Government Policy
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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- Erkki Karo & Rainer Kattel, 2009. "The Copying Paradox: Why Converging Policies but Diverging Capacities for Development in Eastern European Innovation Systems?," The Other Canon Foundation and Tallinn University of Technology Working Papers in Technology Governance and Economic Dynamics 24, TUT Ragnar Nurkse School of Innovation and Governance.
- Rainer Kattel & Erkki Karo, 2010. "Is 'Open Innovation' Re-Inventing Innovation Policy for Catching-up Economies?," The Other Canon Foundation and Tallinn University of Technology Working Papers in Technology Governance and Economic Dynamics 30, TUT Ragnar Nurkse School of Innovation and Governance.
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