Latecomers in the Global Economy

Latecomers in the Global Economy

Taylor & Francis

Drawing on the example of late-developing countries, especially from East Asia, catching up with established economic powers, the authors address a new formulation of industrial policy for latecoming, semi-industrialized countries. > Drawing on the example of late-developing countries, especially from East Asia, catching up with established powers, the authors address a new formulation of industrial policy for latecoming, semi-industrialized countries.With contributions from some of the best-known economists currently working in this area, the book will be a valuable guide for economists and international policy-makers interested in development issues. > Introduction; Part I: Theoretical foundations; 1: Industrial policy for latecomers: Products, conventions, and learning; 2: Globalization tendencies relevant for latecomers: Some conceptual issues; 3: Principles of an operational industrial policy for latecomers: Failures of analogy, strategies, and degrees of freedom; Part II:i

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