Industrial Policy and Development: The Political Economy of Capabilities Accumulation by Joseph E. Stiglitz, Giovanni Dosi, Mario Cimoli

Industrial Policy and Development: The Political Economy of Capabilities Accumulation

Joseph E. Stiglitz, Giovanni Dosi, Mario Cimoli

575 pages first pub 2009 (editions)

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In the 1990s, development policy advocated by international financial institutions was influenced by Washington Consensus thinking. This strategy, based largely on liberalization, privatization, and price-flexibility, downplayed, if not disregarde...

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