Click the star to add/remove an item to/from your individual schedule.
You need to be logged in to avail of this functionality.

P40


has 1 film 1
Industrial policy for economic development in the 21st Century - beyond EOI vs. ISI 
Convenors:
Tobias Wuttke (Bard College Berlin)
Lindsay Whitfield (Roskilde University)
Send message to Convenors
Formats:
Papers Synchronous
Stream:
Power, learning and emotions in achieving the SDGs
Sessions:
Wednesday 17 June, -, -
Time zone: Europe/London

Short Abstract:

What should industrial policy look like in the 21st Century? Moving beyond a superficial distinction between ISI and EOI, this panel wants to explore how developing country governments can facilitate domestic learning for productivity in a world of vertically integrated specialization.

Long Abstract:

The 20th Century has seen a number of countries go through significant industrialisation experiences. Even though the Latin American late industrialisers fell short of their East Asian counterparts' achievements, they still recorded significant increases in manufacturing output and even in manufacturing exports, at least until the early 1980s. Import substitution and government intervention have been part of all these industrialisation experiences. ISI policies created the necessary space for domestic firms to undertake industrial production and learning. Portraying the Latin American experience as the failed ISI experience and the East Asian experience as the successful EOI experience is superficial and obscures an understanding of how learning for productivity can be facilitated. Digging deeper into these industrialisation experiences and analysing how ISI and EOI policies work together in stimulating domestic learning is necessary to design successful industrial policy for the developing countries of the 21st Century. The emergence of GVCs and vertically integrated specialization (VSI) adds complexity to the design of promising industrial policy. Papers in this panel aim to explore recent experiences of developing countries with industrial policy in manufacturing, agri-business or knowledge-based services with a focus on how governments navigate the challenges of VSI, EOI and ISI. In particular, we encourage papers that focus explicitly on government policy measures to address challenges to achieving international competitiveness, entering and upgrading in global value chains and/or increased domestic demand, the political economy of how they are designed and implemented, and national and international challenges to achieving the desired outcomes.

Accepted papers:

Session 1 Wednesday 17 June, 2020, -