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The Practice of Industrial Policy: Government—Business Coordination in Africa and East Asia

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ISBN: 9780198796954 Year: Pages: 336 DOI: 10.1093/acprof:oso/9780198796954.001.0001 Language: English
Publisher: Oxford University Press Grant: WIDER Studies in Development Economics
Subject: Economics
Added to DOAB on : 2017-04-27 11:01:30
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Much of the information relevant to policy formulation for industrial development is held by the private sector, not by public officials. There is, therefore, fairly broad agreement in the development literature that some form of structured engagement—often referred to as close or strategic coordination—between the public and private sectors is needed, to assist in the design of appropriate policies and provide feedback on their implementation. There is less agreement on how that engagement should be structured, how its objectives be defined, and how success be measured. In fact, the academic literature provides little practical guidance on how governments interested in developing such a framework should go about doing it. The burden of this lack of guidance falls most heavily on Africa, where—despite twenty years of growth—lack of structural transformation has slowed job creation and the pace of poverty reduction. In 2014, the Korea International Cooperation Agency (KOICA) and United Nations University World Institute for Development Economics Research (UNU-WIDER) launched a joint research project: The Practice of Industrial Policy. The aim is to help African policy makers develop better coordination between public and private sectors in order to identify the constraints to faster structural transformation and design, implement, and monitor policies to remove them. This book, written by national researchers and international experts, presents the results of that research by combining a set of analytical ‘framing’ essays on close coordination with case studies of successful and unsuccessful efforts at close coordination in Africa and in comparator countries.

How Nations Learn

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ISBN: 9780198841760 Year: Pages: 368 DOI: 10.1093/oso/9780198841760.001.0001 Language: English
Publisher: Oxford University Press
Subject: Economics
Added to DOAB on : 2020-07-30 23:58:04
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Authored by eminent scholars, the volume aims to generate interest and debate among policymakers, practitioners, and researchers on the complexity of learning and catch-up, particularly for twenty-first century late-late developers. The volume explores technological learning at the firm level, policy learning by the state, and the cumulative and multifaceted nature of the learning process, which encompasses learning by doing, by experiment, emulation, innovation, and leapfrogging. Why is catch-up rare? And why have some nations succeeded while others failed? What are the prospects for successful learning and catch-up in the twenty-first century? These are pertinent questions that require further research and in-depth analysis. The World Bank estimates that out of the 101 middle-income economies in 1960, only thirteen became high income by 2008. This volume examines how nations learn by reviewing key structural and contingent factors that contribute to dynamic learning and catch-up. Rejecting both the one-size-fits-all approach and the agnosticism that all nations are unique and different, the volume uses historical as well as firm-level, industry-level, and country-level evidence and experiences to identify the sources and drivers of successful learning and catch-up and the lessons for late-latecomer countries. Building on the latecomer-advantage perspective, the volume shows that what is critical for dynamic learning and catch-up is not learning per se but the intensity of learning, robust industrial policies, and the pace and direction of learning. Equally important are the passion to learn, long-term strategic vision, and understanding the context in which successful learning occurs.

Industry 4.0 and Regional Transformations

Authors: ---
ISBN: 9780367178413 Year: Pages: 276 Language: English
Publisher: Taylor & Francis
Subject: Economics --- Business and Management --- Manufactures --- Geology --- Earth Sciences --- Science (General)
Added to DOAB on : 2020-05-04 10:28:16
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This volume brings together expert contributors to explore opportunities and challenges that Industry 4.0 is likely to pose for regions, firms and jobs in Europe. Drawing on theory and empirical cases, it considers emerging issues like servitization, new innovation models for local production systems, and the increase in reshoring.

Sote-palvelut markkinoilla – tavoitteita, toiveita ja ristiriitoja

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ISBN: 9789520303204 Year: Pages: 276 DOI: 10.26530/OAPEN_621500 Language: Finnish
Publisher: Tampere University Press
Subject: Economics --- Political Science --- Social and Public Welfare
Added to DOAB on : 2016-12-29 13:23:21
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erspective. All in all, this book is an attempt to give the reader a comprehensive understanding of the public health and social services and the markets – markets in which different objectives, expectations and contradictions moderate the discussion and actions. "

China: Surpassing the “Middle Income Trap”

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Book Series: Contemporary China Studies ISBN: 9789811565403 Year: Pages: 218 DOI: 10.1007/978-981-15-6540-3 Language: English
Publisher: Springer Nature
Subject: Economics --- Political Science
Added to DOAB on : 2020-10-15 00:05:44
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This open access book explores one of the most fiercely debated issues in China: if and how China will surpass the middle income trap that has plagued many developing countries for years. This book gives readers a clear picture of China today and acts as a reference for other developing countries. China is facing many setbacks and experiencing an economic slowdown in recent years due to some serious issues, and income inequality is one such issue deferring China’s development potential by creating a middle income trap. This book thoroughly investigates both the unpromising factors and favorable conditions for China to overcome the trap. It illustrates that traps may be encountered at any stage of development and argues that political stability is the prerequisite to creating a favorable environment for economic development and addressing this “middle income trap”. Written by one of China's central planners, this book offers precious insights into the industrial policies that are transforming China and the world and will be of interest to China scholars, economists and political scientists.

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