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...

There is no alternative to neoliberal economics - or so it appeared when Ha-Joon Chang and Ilene Grabel's Reclaiming Development was published in 2004. While much has changed since, many of the same driving assumptions - monetarism and globalization - remain in international development. Chang...