Countries that need industrial policy the most typically have the worst governance. This terrific book explicitly recognizes this difficulty, and provides a rich discussion of how it can be overcome. It presents a valuable series of country studies that focus on both successes (such as Ethiopian cut flowers) and failures (such as Namibia's export processing zones). The authors show that weak capacity is not necessarily a hindrance to effective industrial policy, just as strong capacity does not guarantee it.' - Dani Rodrik, Princeton University, US'This is the book our students have been waiting for.' - Hubert Schmitz, Institute of Development Studies and Founder of Sussex MA course Competing in the Global Economy 'A green transformation holds the potential to sustain a healthy planet where ecosystems are well-managed and human well-being is secured for future generations. This book makes a compelling case for the design of industrial policies that support a green economy. Being at the crossroads of their development pathways, developing countries have the unique opportunity to define their industrial policies in a resource-efficient, low-carbon and socially inclusive manner in the context of the Post-2015 Development Agenda.' - Achim Steiner, Executive Director of the United Nations Environment Programme (UNEP) Industrial Policy in Developing Countries offers an in-depth assessment of both the potentials and perils of designing and implementing policy in countries at early stages of economic development. The range of insightful case studies illustrates the key dilemma: directing economic and social development through what are often incipient and weak institutions. This realistic, evidence-based assessment will appeal to both development researchers and industrial policy practitioners, particularly those working in developing countries.

Countries that need industrial policy the most typically have the worst governance. This terrific book explicitly recognizes this difficulty, and provides a rich discussion of how it can be overcome. It presents a valuable series of country studies that focus on both successes (such as Ethiopian cut flowers) and failures (such as Namibia's export processing zones). The authors show that weak capacity is not necessarily a hindrance to effective industrial policy, just as strong capacity does not guarantee it.' - Dani Rodrik, Princeton University, US'This is the book our students have been waiting for.' - Hubert Schmitz, Institute of Development Studies and Founder of Sussex MA course Competing in the Global Economy 'A green transformation holds the potential to sustain a healthy planet where ecosystems are well-managed and human well-being is secured for future generations. This book makes a compelling case for the design of industrial policies that support a green economy. Being at the crossroads of their development pathways, developing countries have the unique opportunity to define their industrial policies in a resource-efficient, low-carbon and socially inclusive manner in the context of the Post-2015 Development Agenda.' - Achim Steiner, Executive Director of the United Nations Environment Programme (UNEP) Industrial Policy in Developing Countries offers an in-depth assessment of both the potentials and perils of designing and implementing policy in countries at early stages of economic development. The range of insightful case studies illustrates the key dilemma: directing economic and social development through what are often incipient and weak institutions. This realistic, evidence-based assessment will appeal to both development researchers and industrial policy practitioners, particularly those working in developing countries.

Global economic growth, recently fuelled by Asia's emerging economies, has greatly accelerated the accumulation of greenhouse gases in the atmosphere and boosted demand for scarce natural resources, including energy, food and mineral raw materials. These developments are pushing the planet close to its ecological boundaries. Transforming the world economy towards sustainability, while ensuring decent levels of resource use for all global citizens, is the greatest challenge of our time. This book explores how innovation systems need to be adapted to successfully confront these challenges. The first chapter introduces the concept of sustainability-oriented innovation systems which highlights the systematic differences between systems that have developed along current resource-intensive technological trajectories and those that address the impending environmental mega-problems. The subsequent articles present case studies of sustainability-oriented innovations in a number of policy areas, including energy efficiency, electric mobility and generation of renewable energy, in China and India. These case studies confirm the specificities of innovation systems geared towards a green techno-economic paradigm. This book was originally published as a special issue of Innovation and Development.