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Industrial Policy in Response to the Middle-income Trap and the Third Wave of the Digital Revolution

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  • Robert H Wade

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  • Robert H Wade, 2016. "Industrial Policy in Response to the Middle-income Trap and the Third Wave of the Digital Revolution," Global Policy, London School of Economics and Political Science, vol. 7(4), pages 469-480, November.
    • Handle: RePEc:bla:glopol:v:7:y:2016:i:4:p:469-480
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    File URL: http://hdl.handle.net/10.1111/1758-5899.12364
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    References listed on IDEAS

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    1. Aiyar, Shekhar & Duval, Romain & Puy, Damien & Wu, Yiqun & Zhang, Longmei, 2018. "Growth slowdowns and the middle-income trap," Japan and the World Economy, Elsevier, vol. 48(C), pages 22-37.
    2. Robert H. Wade, 2015. "Agenda Change in Western Development Organizations: From Hard Production to Soft, Timeless, Placeless Policy," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 20(Special E), pages 1-12, September.
    3. Jean Imbs & Romain Wacziarg, 2003. "Stages of Diversification," American Economic Review, American Economic Association, vol. 93(1), pages 63-86, March.
    4. Reda Cherif & Fuad Hasanov, 2015. "The Leap of the Tiger: How Malaysia Can Escape the Middle-Income Trap," IMF Working Papers 2015/131, International Monetary Fund.
    5. Justin Yifu Lin, 2013. "From Flying Geese to Leading Dragons: New Opportunities and Strategies for Structural Transformation in Developing Countries," International Economic Association Series, in: Joseph E. Stiglitz & Justin Lin Yifu & Ebrahim Patel (ed.), The Industrial Policy Revolution II, chapter 1, pages 50-70, Palgrave Macmillan.
    6. Krugman, Paul R, 1987. "Is Free Trade Passe?," Journal of Economic Perspectives, American Economic Association, vol. 1(2), pages 131-144, Fall.
    7. Luiz Carlos Bresser-Pereira & Paulo Gala, 2008. "Foreign savings, insufficiency of demand, and low growth," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 30(3), pages 315-334, April.
    8. Robert Wade, 1991. "How to Protect Exports from Protection: Taiwan's Duty Drawback Scheme," The World Economy, Wiley Blackwell, vol. 14(3), pages 299-309, September.
    9. Lant Pritchett, 1997. "Divergence, Big Time," Journal of Economic Perspectives, American Economic Association, vol. 11(3), pages 3-17, Summer.
    10. Jesus Felipe & Arnelyn Abdon & Utsav Kumar, 2012. "Tracking the Middle-income Trap: What Is It, Who Is in It, and Why?," Economics Working Paper Archive wp_715, Levy Economics Institute.
    11. Longfeng Ye & Peter E. Robertson, 2016. "On the Existence of a Middle-Income Trap," The Economic Record, The Economic Society of Australia, vol. 92(297), pages 173-189, June.
    12. Timothy Besley & Torsten Persson, 2011. "Pillars of Prosperity: The Political Economics of Development Clusters," Economics Books, Princeton University Press, edition 1, number 9624.
    13. Fagerberg, Jan & Srholec, Martin & Knell, Mark, 2007. "The Competitiveness of Nations: Why Some Countries Prosper While Others Fall Behind," World Development, Elsevier, vol. 35(10), pages 1595-1620, October.
    14. Veerayooth Kanchoochat & Patarapong Intarakumnerd, 2014. "Tigers Trapped: Tracing the Middle-income Trap through the East and Southeast Asian Experience," Competence Centre on Money, Trade, Finance and Development 1404, Hochschule fuer Technik und Wirtschaft, Berlin.
    15. Lant Pritchett & Lawrence H. Summers, 2013. "Asia-phoria meet regression to the mean," Proceedings, Federal Reserve Bank of San Francisco, issue Nov, pages 1-35.
    16. Indermit Gill & Homi Kharas, 2007. "An East Asian Renaissance : Ideas for Economic Growth," World Bank Publications - Books, The World Bank Group, number 6798.
    17. Wade, Robert Hunter, 2003. "What strategies are viable for developing countries today? The World Trade Organization and the shrinking of ‘development space’," LSE Research Online Documents on Economics 28239, London School of Economics and Political Science, LSE Library.
    18. Paus, Eva, 2014. "Latin America and the middle-income trap," Financiamiento para el Desarrollo 36816, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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    Cited by:

    1. Kim, Kyunghoon & Sumner, Andy, 2021. "Bringing state-owned entities back into the industrial policy debate: The case of Indonesia," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 496-509.
    2. Janusz Heller & Rafal Warzala, 2018. "Is Poland in a middle income trap? A theoretical and empirical analysis," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 17(4), pages 367-381, December.
    3. Upalat Korwatanasakul, 2023. "Thailand and the Middle-Income Trap: An Analysis from the Global Value Chain Perspective," PIER Discussion Papers 202, Puey Ungphakorn Institute for Economic Research.
    4. Robert H. Wade, 2018. "The Developmental State: Dead or Alive?," Development and Change, International Institute of Social Studies, vol. 49(2), pages 518-546, March.
    5. Volker Roeben & Rafael Emmanuel Macatangay, 2023. "Bluer Than Blue: Exit from Policy Support for Clean Marine Energy," Sustainability, MDPI, vol. 15(19), pages 1-19, October.
    6. Matthess, Marcel & Kunkel, Stefanie, 2020. "Structural change and digitalization in developing countries: Conceptually linking the two transformations," Technology in Society, Elsevier, vol. 63(C).
    7. Andreoni, Antonio & Tregenna, Fiona, 2020. "Escaping the middle-income technology trap: A comparative analysis of industrial policies in China, Brazil and South Africa," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 324-340.
    8. Klingler-Vidra, Robyn & Wade, Robert, 2020. "Science and technology policies and the middle-income trap: lessons from Vietnam," LSE Research Online Documents on Economics 100712, London School of Economics and Political Science, LSE Library.
    9. Constantino Hevia & Norman V. Loayza & Claudia Meza-Cuadra, 2023. "Industrial Policies vs Public Goods under Asymmetric Information," Revista Economía, Fondo Editorial - Pontificia Universidad Católica del Perú, vol. 46(91), pages 39-52.
    10. Roman Stöllinger, 2019. "Functional Specialisation in Global Value Chains and the Middle-Income Trap," wiiw Research Reports 441, The Vienna Institute for International Economic Studies, wiiw.
    11. Wade, Robert H., 2021. "The opening of minds towards more active government that steers the production structure," LSE Research Online Documents on Economics 113924, London School of Economics and Political Science, LSE Library.
    12. Wade, Robert H., 2018. "The developmental state: dead or alive?," LSE Research Online Documents on Economics 87356, London School of Economics and Political Science, LSE Library.
    13. Naudé, Wim & Tregenna, Fiona, 2023. "Africa's Industrialization Prospects: A Fresh Look," IZA Discussion Papers 16043, Institute of Labor Economics (IZA).
    14. Sabina Silajdzic & Eldin Mehic, 2017. "Trade Openness and Economic Growth: Empirical Evidence from Transition Economies," MIC 2017: Managing the Global Economy; Proceedings of the Joint International Conference, Monastier di Treviso, Italy, 24–27 May 2017,, University of Primorska Press.
    15. Luo, Anran & Rodríguez, Fabricio & Leipold, Sina, 2020. "Explaining the political gridlock behind international Circular Economy: Chinese and European perspectives on the Waste Ban," SocArXiv uyw5g, Center for Open Science.
    16. Valentina De Marchi & Matthew Alford, 2022. "State policies and upgrading in global value chains: A systematic literature review," Journal of International Business Policy, Palgrave Macmillan, vol. 5(1), pages 88-111, March.
    17. Zhaobin Fan & Sajid Anwar, 2021. "International migration of entrepreneurs and the emergence of economic development traps," Review of Development Economics, Wiley Blackwell, vol. 25(1), pages 6-22, February.

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