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Breeding Latin American Tigers: Operational Principles for Rehabilitating Industrial Policies
Contributor(s): Devlin, Robert (Author), Moguillansky, Graciela (Author)

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 ISBN: 0821386883     ISBN-13: 9780821386880
Publisher: World Bank Publications
OUR PRICE: $31.50  

Binding Type: Paperback - See All Available Formats & Editions
Published: October 2011
Qty:

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Additional Information
BISAC Categories:
- Business & Economics | Development - Economic Development
- Business & Economics | International - Economics
- Business & Economics | Economics - Macroeconomics
Dewey: 338.98
LCCN: 2011034139
Series: Latin American Development Forums
Physical Information: 0.8" H x 5.9" W x 8.9" L (0.95 lbs) 296 pages
Themes:
- Cultural Region - Latin America
- Topical - Ecology
Features: Bibliography, Illustrated, Index, Table of Contents
 
Descriptions, Reviews, Etc.
Publisher Description:
This book is motivated by the emerging rehabilitation of industrial policies as a tool for supporting economic transformation and high rates of growth in developing countries. It argues that underperforming disciples of the Washington Consensus' 'market fundamentalism' should learn and practice the art of systemic industrial policies, which requires a medium-long term strategic perspective and intelligent proactive state interventions in markets. However, it also stresses that rehabilitation requires that industrial policies be developed and implemented in a context of home- grown public-private alliances that avoid state 'capture' by special interests. It first examines the 'how' of industrial policy in the public sectors of ten non-Latin American countries in Asia, Europe, and Oceania that have been successful in promoting economic catch-up with rich countries, or have performed better than Latin American countries with similar resource endowments. The book defines '10+1' generic First Principles for the use, design, and execution of modern industrial policies, and then examines the experiences of nine Latin American and Caribbean governments against these First Principles. The authors identify large gaps in the organizational and operational effectiveness of their public sectors, and suggest ways to close these gaps.
 
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