The Industrial Policy Revolution II

1. Front Matter

   Pages i-xxvi

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2. Introduction: Industrial Policy in the African Context

   1. Introduction: Industrial Policy in the African Context

      • Joseph Stiglitz, Justin Yifu Lin, Célestin Monga, Ebrahim Patel

      Pages 1-22

3. New Thinking on Industrial Policy

   1. Front Matter

      Pages 23-23

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   2. Learning and Industrial Policy: Implications for Africa

      • Bruce Greenwald, Joseph E. Stiglitz

      Pages 25-49

   3. From Flying Geese to Leading Dragons: New Opportunities and Strategies for Structural Transformation in Developing Countries

      • Justin Yifu Lin

      Pages 50-70

4. Structural Transformation: Lessons from History

   1. Front Matter

      Pages 71-71

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   2. Accumulation of Capabilities, Structural Change, and Macro Prices: an Evolutionary and Structuralist Roadmap

      • Mario Cimoli, Gabriel Porcile

      Pages 73-113

   3. Industrial Policy: Can Africa Do It?

      • Ha-Joon Chang

      Pages 114-132

5. New Global Order and African Reindustrialization

   1. Front Matter

      Pages 133-133

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   2. Winning the Jackpot: Jobs Dividends in a Multipolar World

      • Célestin Monga

      Pages 135-172

   3. Walking (Stumbling?) on Two Legs: Meeting SSA’S Industrialization Challenge

      • Raphael Kaplinsky

      Pages 173-197

6. Macroeconomics and Governance: Creating an Enabling Environment

   1. Front Matter

      Pages 199-199

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   2. How Macroeconomic Policy Can Support Economic Development in Sub-Saharan African Countries

      • James Heintz

      Pages 201-215

   3. Competition Policy, Industrial Policy, and Corporate Conduct

      • Simon Roberts

      Pages 216-242

   4. Political Settlements and the Design of Technology Policy

      • Mushtaq H. Khan

      Pages 243-280

   5. Infant Capitalists, Infant Industries and Infant Economies: Trade and Industrial Policies at Early Stages of Industrialization in Africa and Elsewhere

      • Akbar Noman

      Pages 281-292

   6. Industrial Policies and Contemporary Africa: The Transition from Prebendal to Developmental Governance

      • Richard Joseph

      Pages 293-318

7. Trade, Finance, and Sectoral Policies

   1. Front Matter

      Pages 319-319

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   2. Does Financial Market Liberalization Promote Financial Development?: Evidence from Sub-Saharan Africa

      • Hamid Rashid

      Pages 321-349

   3. Financialization as an Obstacle to Industrialization

      • C. P. Chandrasekhar

      Pages 350-363

This volume is the result of the 2012 International Economic Association's series of roundtables on the theme of Industrial Policy. The first, 'New Thinking on Industrial Policy,' was hosted by the World Bank in Washington, D.C, and the second, 'New Thinking on Industrial Policy: Implications for Africa,' was held in Pretoria, South Africa.

• competition
• competition policy
• Developing Countries
• development
• Economic Development
• economic policy
• economics
• growth
• macroeconomics
• political economy
• strategy
• structural change

• Columbia University, USA

  Joseph E. Stiglitz

• National School of Development, Peking University, China

  Justin Lin Yifu

• Minister of Economic Development, South Africa

  Ebrahim Patel

Joseph E. Stiglitz, Columbia University, USA Justin Yifu Lin, Peking University, China Dr. Ludovico Alcorta, Statistics and Strategic Research Branch Dr. Nobuya Haraguchi, UNIDO Mr. Gorazd Rezonja, UNIDO Yaw Ansu, Africa Center for Economic Transformation (ACET) based in Accra, Ghana Vandana Chandra, World Bank's Development Economics Prospects Group C. P. Chandrasekhar, Jawaharlal Nehru University, New Delhi Ha-Joon Chang, University of Cambridge, UK Mario Cimoli Gabriel Porcile, ECLAC Klaus Deininger, World Bank, Washington DC, USA James Heintz, University of Massachusetts, Amherst, USA Jean Imbs, Paris School of Economics (PSE), France Richard Joseph, Northwestern University, USA Paul Jourdan Raphael Kaplinsky, Open University Mushtaq H. Khan, University of London, UK Célestin Monga, World Bank Streevarsen P.Narrainen, University of Manitoba, Canada Dominique Njinkeu, Trade Facilitation Facility (TFF) Julie Lohi Calvin Djiofack, World Bank Akbar Noman, Columbia University, USA Dr. Hamid Rashid, United Nations Simon Roberts Thia Jang Ping, Ministry of Trade and Industry Bruce Greenwald, Columbia University, USA

Policies and ethics