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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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Abstract

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.

Public Choice

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ISBN: 9783039212712 / 9783039212729 Year: Pages: 148 DOI: 10.3390/books978-3-03921-272-9 Language: eng
Publisher: MDPI - Multidisciplinary Digital Publishing Institute
Subject: Economics
Added to DOAB on : 2019-12-09 11:49:15
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Abstract

Interest in politics and the political process—topics that economists consider to be the purview of the sub-field of study known as public choice—appears to be as high as ever. This Special Issue aims to provide a collection of high-quality studies covering many of the varied topics traditionally investigated in the growing field of public choice economics. These include expressive and instrumental voting, checks and balances in the enforcement of rules, electoral disproportionality, foreign aid and political freedom, voting cycles, (in)stability of political ideology, federal spending on environmental goods, pork-barrel and general appropriations spending, politics and taxpayer funding for professional sports arenas, and political scandal and “friends-and-neighbors” voting in general elections. In bringing these topics together in one place, this Special Issue offers a mix of conceptual/formal and empirical studies in public choice economics.

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