Governments are regularly judged by their ability to deliver
economic prosperity, however many policies fail to deliver their
desired outcomes. Industrial Development examines historical
examples of how governments have attempted to build productive
capabilities and promote industrial learning. Each chapter shows a
different way in which this is done whether it is imitating
existing production technologies, building new advanced
technologies, tapping into existing global chains or building their
own value chains. The book looks at a wide spectrum of countries
and industries from Silicon Valley to the early Asian model of
building domestic industries. The book also reveals that academics
and policy makers can be a major source of policy failure. This
book makes an important contribution to our understanding of
capability building, industrial development and economic growth and
will be an essential reading for economists, policy makers and
government officials making policy in a global economy.
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