
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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