The book provides a comprehensive discussion of the controversial
issue of industrial policy, drawing on some recent developments in
economic theory in areas like political economy, institutional
economics, industrial economics, and theories of technical
progress. By integrating the analyses of political economy,
economic institutions, and technical change into a single
framework, the book offers policy conclusions which are of direct
relevance to policy-makers. Drawing on the cases of Japan and
Korea, the book also explores the economic and political conditions
for the conduct of a successful industrial policy.
General
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