Foreign Land Acquisition: In Search of Empirical Guidance for Industrial Policies

Foreign Land Acquisition: In Search of Empirical Guidance for Industrial Policies book cover

Foreign Land Acquisition: In Search of Empirical Guidance for Industrial Policies

Author(s): Daniel Lederman (Author), William Maloney (Author)

  • Publisher: World Bank Publications
  • Publication Date: 15 Oct. 2010
  • Edition: Illustrated
  • Language: English
  • Print length: 144 pages
  • ISBN-10: 0821384910
  • ISBN-13: 9780821384916

Book Description

Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy.

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