Industrial development in developing countries and the role of government interventions

The work argues that while export orientation (in the sense of providing neutral incentives between foreign and domestic markets) is desirable, the experience of successful industrialisers does not support the minimalist government role prescribed. On the contrary, the most successful industrialiser...

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Main Authors: S. LALL, G. KELL
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10642
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author S. LALL
G. KELL
author_facet S. LALL
G. KELL
author_sort S. LALL
collection DOAJ
description The work argues that while export orientation (in the sense of providing neutral incentives between foreign and domestic markets) is desirable, the experience of successful industrialisers does not support the minimalist government role prescribed. On the contrary, the most successful industrialisers have been dynamic precisely because they intervened heavily in the process of building up technological capabilities. Their interventions were both “functional” and “selective”, though the extent and choice of intervention varied greatly.   JEL: O14
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spelling doaj.art-3e4caddcd9fd46e193bc1eecb10abdaf2023-02-03T16:47:04ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-10-014417810.13133/2037-3643/10642Industrial development in developing countries and the role of government interventionsS. LALLG. KELLThe work argues that while export orientation (in the sense of providing neutral incentives between foreign and domestic markets) is desirable, the experience of successful industrialisers does not support the minimalist government role prescribed. On the contrary, the most successful industrialisers have been dynamic precisely because they intervened heavily in the process of building up technological capabilities. Their interventions were both “functional” and “selective”, though the extent and choice of intervention varied greatly.   JEL: O14 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10642industrialisationgovernment interventiondeveloping countries
spellingShingle S. LALL
G. KELL
Industrial development in developing countries and the role of government interventions
PSL Quarterly Review
industrialisation
government intervention
developing countries
title Industrial development in developing countries and the role of government interventions
title_full Industrial development in developing countries and the role of government interventions
title_fullStr Industrial development in developing countries and the role of government interventions
title_full_unstemmed Industrial development in developing countries and the role of government interventions
title_short Industrial development in developing countries and the role of government interventions
title_sort industrial development in developing countries and the role of government interventions
topic industrialisation
government intervention
developing countries
url https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10642
work_keys_str_mv AT slall industrialdevelopmentindevelopingcountriesandtheroleofgovernmentinterventions
AT gkell industrialdevelopmentindevelopingcountriesandtheroleofgovernmentinterventions