POLICIES FOR PROMOTING TECHNOLOGICAL CATCHING UP: TOWARDS POST- WASHINGTON APPROACH

This paper analyses the evolution of policies for technology catch-up through three periods: import-substitution, (augmented) Washington consensus and post-Washington period. We analyse the dominant policy models and practices in each of these periods as co-evolving with the dominant academic ideas, and changing the conditions for catching-up. We develop several dimensions or building blocks that characterise the policies for technology catch-up. These dimensions are used to characterise each of the three policy periods with the objective of outlining the generic features of an emerging post-Washington approach to technology catch-up policies in relation to past approaches.