This chapter explores the factors behind the apparent superior performance of green industrial policy (GIP) in developmental states (exemplified by China), as compared with the inefficiencies of GIP in developed countries (exemplified by the USA). The specific context is the overwhelming export...

The paper seeks answers to theoretical, methodological and descriptive research questions. The main finding of the paper that in the long run it is not what countries specialize in, that matters, but rather the quality properties of economic activity. In the short and medium run “good...