Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization,...

Written by leading international thinkers on the subject, 'The Oxford Handbook of Industrial Policy' pulls together different perspectives and schools of thought from neo-classical to structuralist development economics to discuss and highlight the adaptation of industrial policy in an...

Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. It has also been one of the most contested...