Managed latecomer strategies vs. political capture: Can developing countries handle selective business promotion?
This note outlines a German Development Institute research project in seven low- and lower-middle-income countries (Egypt, Ethiopia, Mozambique, Namibia, the Syrian Arab Republic, Tunisia and Vietnam), which aimed to to understand the specific conditions for industrial policy in poor countries, to assess to what extent industrial policies can obtain the desired results even when overall government effectiveness is low and to identify which institutional arrangements and policies work best in their conditions.
This essay is included in the publication Effective State-Business Relations, Industrial Policy and Economic Growth.
Essay from ‘Effective State-Business Relations, Industrial Policy and Economic Growth’, edited by D. Willem te Velde. 2 pp.