Reis, José Guilherme; Farole, Thomas - In: World Bank - Economic Premise (2010) 18, pp. 1-5
processes of trade and growth. Indeed, industrial policy seems to be back in fashion—or, at least, talking about it is. But a … renewed “activism” by government in the trade and growth agenda need not mean a return to old-style policies of import … substitution and “picking winners.” Instead, it may mean a stronger focus on competitiveness by unlocking the constraints to …