The Practice of Industrial Policy: Government-Business Coordination in Africa and East Asia by John PageThe Practice of Industrial Policy: Government-Business Coordination in Africa and East Asia by John Page

The Practice of Industrial Policy: Government-Business Coordination in Africa and East Asia

EditorJohn Page, Finn Tarp

Hardcover | May 6, 2017

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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 strategiccoordination - between the public and private sectors is needed, both to assist in the design of appropriate policies and to provide feedback on their implementation. There is less agreement on how that engagement should be structured, how its objectives should be defined, and how success should bemeasured. In fact, the academic literature on close coordination provides little practical guidance on how governments interested in developing a framework for government-business engagement should go about doing it. The burden of this lack of guidance falls most heavily on Africa, where - despite 20 years of growth - lack of structural transformation has slowed job creation and the pace of poverty reduction. Increasingly, African governments are seeking to design and implement policies to encourage the morerapid growth of high productivity industries and in the process confronting the need to engage constructively with the private sector. These efforts have met with mixed results. For sustained success in structural transformation, new policies and new approaches to government-business coordinationwill be needed.In 2014 the Korea International Cooperation Agency and UNU-WIDER launched a joint research project on "The Practice of Industrial Policy". The objective of the project was to help African policy-makers develop better coordination between the public and private sectors in order to identify theconstraints to faster structural transformation and to design, implement, and monitor policies to remove them. This book, written by national researchers and international experts, presents the results of that research.
John Page is a Senior Fellow in the Global Economy and Development Program at the Brookings Institution and a Non-resident Senior Fellow of the UNU World Institute for Development Economics Research (UNU-WIDER). He is also visiting professor at the National Graduate Institute for Policy Studies, Tokyo, Japan and a Research Associate of...
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Title:The Practice of Industrial Policy: Government-Business Coordination in Africa and East AsiaFormat:HardcoverDimensions:368 pages, 9.21 × 6.02 × 0 inPublished:May 6, 2017Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198796951

ISBN - 13:9780198796954

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Table of Contents

1. John Page and Finn Tarp: Overview and InsightsPART I: COORDINATION AND INDUSTRIAL POLICY2. Joseph E. Stiglitz: Industrial Policy, Learning, and Development3. Justin Yifu Lin and Khuong Minh Vu: Coordination through an Asian Lens4. Alberto Lemma and Dirk Willem te Velde: State-Business Relations as Drivers of Economic Performance5. Rachel M. Gisselquist: State Capability and Prospects for Close Coordination: Considerations for Industrial Policy in AfricaPART II: COORDINATION MECHANISMS IN ASIA6. Eun Mee Kim: Korea's Evolving Business-Government Relationship7. Rajah Rasiah: The Industrial Policy Experience of the Electronics Industry in Malaysia8. Hinh T. Dinh: Case Studies of Decentralized Coordination in China9. Tu-Anh Vu-Thanh: The Political Economy of Industrial Development in Viet Nam: Impact of State-Business Relationship on Industrial Performance, 1986-2013PART III: BUILDING COORDINATION IN AFRICA10. Mulu Gebreeyesus: A Natural Experiment of Industrial Policy: Floriculture and the Metal and Engineering Industries in Ethiopia11. Haroon Bhorat, Aalia Cassim, and Alan Hirsch: Policy Coordination and Growth Traps in a Middle-Income Country Setting: The Case of South Africa12. Thomas Farole and Lotta Moberg: Special Economic Zones in Africa: Political Economy Challenges and Solutions13. Ernest Aryeetey and Nkechi S. Owoo: Ghana's Experiments with Business-Government Coordination14. John Page: Importing coordination: Africa's Presidential Investors' Advisory Councils