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Reducing Complexity in the Industrial Policy Debate

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  • Hubert Schmitz

Abstract

A central concern of industrial policy is how to configure the relationship with the global economy. The manifold choices and pressures make this a difficult task for policy-makers. This article suggests a way of framing discussions between policy-makers, advisers and researchers, to help reduce complexity and find common ground. It demonstrates how different constellations of low/high challenge and support bring out the essence of different policy regimes, and how different constellations of narrow/wide technology and marketing gaps help identify the most plausible way forward. Copyright 2007 Blackwell Publishing Ltd.

Suggested Citation

  • Hubert Schmitz, 2007. "Reducing Complexity in the Industrial Policy Debate," Development Policy Review, Overseas Development Institute, vol. 25(4), pages 417-428, July.
  • Handle: RePEc:bla:devpol:v:25:y:2007:i:4:p:417-428
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    References listed on IDEAS

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    6. Jean-Marc Montaud, 2000. "Dotations en capital et pauvreté des ménages au Burkina Faso : une analyse en équilibre général calculable," Documents de travail 50, Groupe d'Economie du Développement de l'Université Montesquieu Bordeaux IV.
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    Cited by:

    1. Lectard, Pauline & Rougier, Eric, 2018. "Can Developing Countries Gain from Defying Comparative Advantage? Distance to Comparative Advantage, Export Diversification and Sophistication, and the Dynamics of Specialization," World Development, Elsevier, vol. 102(C), pages 90-110.
    2. Corkin, Lucy, 2012. "Chinese construction companies in Angola: A local linkages perspective," Resources Policy, Elsevier, vol. 37(4), pages 475-483.
    3. Brandt, Loren & Thun, Eric, 2010. "The Fight for the Middle: Upgrading, Competition, and Industrial Development in China," World Development, Elsevier, vol. 38(11), pages 1555-1574, November.
    4. Brandt, Loren & Thun, Eric, 2016. "Constructing a Ladder for Growth: Policy, Markets, and Industrial Upgrading in China," World Development, Elsevier, vol. 80(C), pages 78-95.

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