Recent research highlights the considerable potential of industrial policy to support structural transformation in sub-Saharan Africa. Given the importance of the state in industrial policy, this paper considers the implications for these discussions of recent work on state fragility. It argues...

I study the impact of industrial policy on industrial development by considering an important episode during the East Asian miracle: South Korea’s heavy and chemical industry (HCI) drive, 1973–1979. Based on newly assembled data, I use the introduction and termination of industrial policies...

The industrial policy of a country can be seen as a combination between two different areas of play: the room allowed for by the international economic community, and the achievements of the domestic policy-makers, also in view of the preferences of the domestic voters. This approach calls for...

This paper discusses the organizational structure and technical, operational and political capabilities required for successful productive development policies (PDPs). It also discusses how countries can match their PDPs to existing capabilities, as well as expand their capabilities in the long...

This study explores how the relationship between industrial policy and competition law is shifting, with the two increasingly working together to achieve broader economic and strategic aims. Drawing on an analysis of over 2,500 industrial policy interventions using advanced language processing...

Industrial policy is an increasingly common topic of discussion among policymakers, generating a stream of relevant evidence. However, the question of its governance, which is key to the effective realisation of policies, is infrequently addressed. This paper aims to address this gap. First, it...