Unlike in the past where industrial policy was either focused on creation and growth of state owned firms or alternatively consisted merely of broadly functional policies without consideration for firm or entrepreneurial specifics, the requirement now is that future industrial policy ought to be...

There is ample evidence that the telecommunications industry can provide a big push development strategy for the Egyptian economy. Pressed by unemployment and poverty concerns, the economy is in need of a role model industry to provide adequate infrastructure development and a rising...

The machinery industry is a very difficult sector to develop in the short term. It is also not easy to drastically shorten the developmental period. Therefore, it is necessary for developing countries to thoroughly review Korea’s policy trends when designing machinery industry policies. This...

Since the late 1970s, the Chinese government has been undertaking major efforts in developing their countries economy by means of industrial policy. However, a more narrow approach to industrial policy has been pursued only since 2010, with the initiation of the 'Strategic Emerging Industries'...

This paper analyzes the relationship between financial repression and structural change. We present a simple theoretical model of structural transformation in which the impact of financial repression on unbalanced growth is studied. The model suggests that governments may choose to repress the...

This paper analyzes the relationship between financial repression and structural change. We present a simple theoretical model of structural transformation in which the impact of financial repression on unbalanced growth is studied. Governments may choose to repress the financial sector to allow...

By reflecting upon Korea's state-led development, its socio-economic consequences, and its current reform efforts and trends, this article calls for reconstructing the state and redefining the identity of its political economy towards people-centered development. Crafting a democratic and...

This paper investigates biofuels pathways and the potential outcomes of biofuels development for energy security and poverty alleviation in Africa. It also examines various options for biofuels development and its potential roles to improve or undermine the livelihoods of rural communities