
Contents
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Emulation and, sometimes, leapfrogging as a general principle inspiring policies Emulation and, sometimes, leapfrogging as a general principle inspiring policies
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The complementarity between technological learning and the development of production capacity The complementarity between technological learning and the development of production capacity
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The necessity of nurturing infant industries The necessity of nurturing infant industries
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Infant industries under the new international trade regime Infant industries under the new international trade regime
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A management of the distribution of rents favourable to learning and industrialization A management of the distribution of rents favourable to learning and industrialization
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Tight intellectual property rights regimes never help industrialization and sometimes harm it Tight intellectual property rights regimes never help industrialization and sometimes harm it
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Avoid the natural resource curse Avoid the natural resource curse
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The necessary consistency between macroeconomic and industrial policies The necessary consistency between macroeconomic and industrial policies
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A new development pact: the courage of imagining a novel international ‘consensus’ A new development pact: the courage of imagining a novel international ‘consensus’
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References References
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20 20 The Future of Industrial Policies in the New Millennium: Toward a Knowledge‐Centered Development Agenda
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Published:October 2009
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Abstract
There is no “magic bullet” driving industrialization. The process of accumulation of technological and organizational capabilities does play a crucial role, as highlighted by the many contributions to this book. But such process has to be matched: first, by a congruent “political economy” offering incentive structures conducive to “learning-based” rent-seeking while curbing rent-seeking tout court; and second by a congruent macroeconomic management. Together, it is possible to identify some regularities in the ingredients and processes driving industrialization, including an “emulation philosophy” vis-à-vis the most promising technological paradigms; various measures safeguarding the possibility of “infant industry learning”; explicit policies of capability-building directed both at education and at nurturing and shaping specific corporate actors; a “political economy of rent-management” favourable to learning and industrialization, while curbing the exploitation of monopolist positions; measures aimed to foster and exploit a weak Intellectual Property Rights regime; and strategies aimed at avoiding the “natural resource course”. Further, the chapter discusses the opportunities and constraints associated with the current regimes of trade and IPR governance, and puts forward some basic building blocks of a proposed new pro-developmental consensus.
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