Overview and Insights

Publikation: Bidrag til bog/antologi/rapportBidrag til bog/antologiForskningfagfællebedømt

There is increasing recognition that the market imperfections on which theoretical arguments for industrial policies rest are widespread in low-income countries, and that well-designed government policies can contribute to improved economic outcomes. There is also greater understanding that the private sector has a central role to play in formulating and implementing industrial policy. Because much of the information relevant to policy-making is held by firms, some form of structured engagement—often referred to as close or strategic coordination—between the public and private sectors is needed, both to assist in the design of appropriate public actions and to provide effective feedback on their implementation. This introductory chapter provides an overview of common themes and outlines a set of forward-looking ideas for strengthening public–private coordination in Africa. It argues that these ideas must form part of any development agenda for Africa in the years to come.
TitelThe Practice of Industrial Policy : Government-Business Coordination in Africa and East Asia
RedaktørerJohn Page, Finn Tarp
ForlagOxford University Press
ISBN (Trykt)9780198796954
StatusUdgivet - 2017
NavnWIDER Studies in Development Economics

ID: 171616078