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Industrial Policies in Developing Countries: History and Perspectives

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  • Michele Di Maio

    (Università di Macerata)

Abstract

This paper presents a historical and empirical account of the role played by government intervention in the form of industrial policies in spurring development and growth in developing countries in the last fifty years. Adopting the taxonomy proposed in Cimoli et alt. (2008), it describes the set of industrial policies implemented since the end of WWII to today in a number of developing countries. Which are the characteristics of successful industrial policies? Are there industrial policies, among the ones that have worked in the past, which can be also useful in the present context? Is there a fit-all recipe, or the high degree of country heterogeneity makes impossible to identify any general effective industrial policy? These are some of the questions this papers tries to suggest some answers.

Suggested Citation

  • Michele Di Maio, 2008. "Industrial Policies in Developing Countries: History and Perspectives," Working Papers 48-2008, Macerata University, Department of Finance and Economic Sciences, revised Oct 2008.
  • Handle: RePEc:mcr:wpdief:wpaper00048
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    References listed on IDEAS

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    1. Erik S. Reinert, 1999. "The role of the state in economic growth," Journal of Economic Studies, Emerald Group Publishing, vol. 26(4/5), pages 268-326, September.
    2. Erik S. Reinert, 2009. "Emulation versus Comparative Advantage: Competing and Complementary Principles in the History of Economic Policy," The Other Canon Foundation and Tallinn University of Technology Working Papers in Technology Governance and Economic Dynamics 25, TUT Ragnar Nurkse School of Innovation and Governance.
    3. Ground, Richard Lynn, 1988. "The genesis of import substitution in Latin America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
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    Cited by:

    1. Marjan Petreski & Branimir Jovanovic & Igor Velickovski, 2017. "Tariff-Induced (De)industrialization: An Empirical Analysis," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 59(3), pages 345-381, September.
    2. Branimir Jovanović & Marjan Petreski & Igor Velickovski, 2015. "Tariff-induced (de)industrialization in transition economies: A comparative analysis," wiiw Balkan Observatory Working Papers 116, The Vienna Institute for International Economic Studies, wiiw.
    3. Tilman Altenburg & Wilfried Lütkenhorst, 2015. "Industrial Policy in Developing Countries," Books, Edward Elgar Publishing, number 14726.
    4. Dranev, Yakov & Kuznetsov, Boris & Kuzyk, Mikhail & Pogrebnyak, Evgeny & Simachev, Yuri, "undated". "Experience in Implementing Industrial Policy in the Russian Federation in 2000-2012: Institutional Features, Interest Groups, Main Lessons," Published Papers nvg137, Russian Presidential Academy of National Economy and Public Administration.

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    Keywords

    Industrial policy; Developing Countries; East Asia; Latin America;

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