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Category : Electronic book
Languages : en
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Author:
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ISBN:
Category : Electronic book
Languages : en
Pages :
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Author: Justin Yifu Lin
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Active economic policies by developing countries governments to promote growth and industrialization have generally been viewed with suspicion by economists, and for good reasons: past experiences show that such policies have too often failed to achieve their stated objectives. But the historical record also indicates that in all successful economies, the state has always played an important role in facilitating structural change and helping the private sector sustain it across time. This paper proposes a new approach to help policymakers in developing countries identify those industries that may hold latent comparative advantage. It also recommends ways of removing binding constraints to facilitate private firms entry into those industries. The paper introduces an important distinction between two types of government interventions. First are policies that facilitate structural change by overcoming information and coordination and externality issues, which are intrinsic to industrial upgrading and diversification. Such interventions aim to provide information, compensate for externalities, and coordinate improvements in the "hard" and "soft" infrastructure that are needed for the private sector to grow in sync with the dynamic change in the economy s comparative advantage. Second are those policies aimed at protecting some selected firms and industries that defy the comparative advantage determined by the existing endowment structure either in new sectors that are too advanced or in old sectors that have lost comparative advantage.
Author: Justin Yifu Lin
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Justin Y. Lin
Publisher:
ISBN:
Category :
Languages : en
Pages : 46
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This paper applies the Growth Identification and Facilitation Framework developed by Lin and Monga (2010) to Nigeria. It identifies as appropriate comparator countries China, India, Indonesia, and Vietnam, and selects a wide range of industries in which these comparator countries may be losing their comparative advantage and which may therefore lend themselves to targeted interventions of the government to fast-track growth. These industries include food processing, light manufacturing, suitcases, shoes, car parts, and petrochemicals. The paper also discusses binding constraints to growth in each of these value chains as well as mechanisms through which governance-related issues in the implementation of industrial policy could be addressed.
Author: Justin Y. Lin
Publisher:
ISBN:
Category :
Languages : en
Pages : 35
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Book Description
Active economic policies by developing countries? governments to promote growth and industrialization have generally been viewed with suspicion by economists, and for good reasons: past experiences show that such policies have too often failed to achieve their stated objectives. But the historical record also indicates that in all successful economies, the state has always played an important role in facilitating structural change and helping the private sector sustain it across time. This paper proposes a new approach to help policymakers in developing countries identify those industries that may hold latent comparative advantage. It also recommends ways of removing binding constraints to facilitate private firms? entry into those industries. The paper introduces an important distinction between two types of government interventions. First are policies that facilitate structural change by overcoming information and coordination and externality issues, which are intrinsic to industrial upgrading and diversification. Such interventions aim to provide information, compensate for externalities, and coordinate improvements in the "hard" and "soft" infrastructure that are needed for the private sector to grow in sync with the dynamic change in the economy?s comparative advantage. Second are those policies aimed at protecting some selected firms and industries that defy the comparative advantage determined by the existing endowment structure?either in new sectors that are too advanced or in old sectors that have lost comparative advantage.
Author: Justin Yifu Lin
Publisher: World Bank Publications
ISBN: 0821389572
Category : Business & Economics
Languages : en
Pages : 389
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Book Description
This book provides an innovative framework to analyze the process of industrial upgrading and diversification, a key feature of economic development. Based on this framework, it provides concrete advice to development practitioners and policy makers on how to unleash a country's growth potential.
Author:
Publisher: Combat Poverty Agency
ISBN: 1905485670
Category :
Languages : en
Pages : 116
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Book Description
Author: Shaun Ferris
Publisher: Catholic Relief Services
ISBN: 1614920028
Category : Business & Economics
Languages : en
Pages : 144
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Book Description
This publication is a product of the experiences and lessons learned while implementing agroenterprise projects in eastern and southern Africa. A Market Facilitator's Guide is based on a resource-to-consumption framework, which is the central theme of the "enabling rural innovation" approach for rural development. This approach seeks to empower farmer groups with the necessary skills to make informed decisions for their economic development, based on an analysis of their surroundings, assets and skills. The methodology also aims for outcomes that are equitable, gender focused and participatory.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264009914
Category :
Languages : en
Pages : 204
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Book Description
This publication highlights the impact of culture on local economies and the methodological issues related to its identification.
Author: Jodie Keane
Publisher: Commonwealth Secretariat
ISBN: 1849291667
Category : Business & Economics
Languages : en
Pages : 239
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Book Description
Future Fragmentation Processes provides a careful examination of global value chains (GVCs) within which Commonwealth members countries specialise at the sectoral level: manufacturing, services and commodity trade, including within the realm of the oceans economy, and reflects on future fragmentation processes.
