The Practice of Industrial Policy: Government—Business Coordination in Africa and East Asia

Much of the information relevant to policy formulation for industrial development is held by the private sector, not by public officials. There is, therefore, fairly broad agreement in the development literature that some form of structured engagement—often referred to as close or strategic coordina...

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Almmustuhtton: Oxford University Press 2021
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collection Directory of Open Access Books
description Much of the information relevant to policy formulation for industrial development is held by the private sector, not by public officials. There is, therefore, fairly broad agreement in the development literature that some form of structured engagement—often referred to as close or strategic coordination—between the public and private sectors is needed, to assist in the design of appropriate policies and provide feedback on their implementation. There is less agreement on how that engagement should be structured, how its objectives be defined, and how success be measured. In fact, the academic literature provides little practical guidance on how governments interested in developing such a framework should go about doing it. The burden of this lack of guidance falls most heavily on Africa, where—despite twenty years of growth—lack of structural transformation has slowed job creation and the pace of poverty reduction. In 2014, the Korea International Cooperation Agency (KOICA) and United Nations University World Institute for Development Economics Research (UNU-WIDER) launched a joint research project: The Practice of Industrial Policy. The aim is to help African policy makers develop better coordination between public and private sectors in order to identify the constraints to faster structural transformation and design, implement, and monitor policies to remove them. This book, written by national researchers and international experts, presents the results of that research by combining a set of analytical ‘framing’ essays on close coordination with case studies of successful and unsuccessful efforts at close coordination in Africa and in comparator countries.
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spelling doab-20.500.12854ir-343822025-01-24T11:06:53Z The Practice of Industrial Policy: Government—Business Coordination in Africa and East Asia Page, John Tarp, Finn policy formulation structural transformation africa industrial development public and private sectors industrial policy Special economic zone thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCD Economics of industrial organization thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies Much of the information relevant to policy formulation for industrial development is held by the private sector, not by public officials. There is, therefore, fairly broad agreement in the development literature that some form of structured engagement—often referred to as close or strategic coordination—between the public and private sectors is needed, to assist in the design of appropriate policies and provide feedback on their implementation. There is less agreement on how that engagement should be structured, how its objectives be defined, and how success be measured. In fact, the academic literature provides little practical guidance on how governments interested in developing such a framework should go about doing it. The burden of this lack of guidance falls most heavily on Africa, where—despite twenty years of growth—lack of structural transformation has slowed job creation and the pace of poverty reduction. In 2014, the Korea International Cooperation Agency (KOICA) and United Nations University World Institute for Development Economics Research (UNU-WIDER) launched a joint research project: The Practice of Industrial Policy. The aim is to help African policy makers develop better coordination between public and private sectors in order to identify the constraints to faster structural transformation and design, implement, and monitor policies to remove them. This book, written by national researchers and international experts, presents the results of that research by combining a set of analytical ‘framing’ essays on close coordination with case studies of successful and unsuccessful efforts at close coordination in Africa and in comparator countries. 2021-02-10T12:58:18Z 2017-03-01 23:55:55 2018-10-03 09:09:28 2020-04-01T13:35:36Z 2017 book 628111 OCN: 982017524 http://library.oapen.org/handle/20.500.12657/31446 9780198796954 https://directory.doabooks.org/handle/20.500.12854/34382 eng open access image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg n/a n/a n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/31446/1/628111.pdf https://library.oapen.org/bitstream/20.500.12657/31446/1/628111.pdf https://library.oapen.org/bitstream/20.500.12657/31446/1/628111.pdf https://library.oapen.org/bitstream/20.500.12657/31446/1/628111.pdf https://library.oapen.org/bitstream/20.500.12657/31446/1/628111.pdf Oxford University Press 10.1093/acprof:oso/9780198796954.001.0001 10.1093/acprof:oso/9780198796954.001.0001 db4e319f-ca9f-449a-bcf2-37d7c6f885b1 WIDER Studies in Development Economics 4fa593cb-7f3c-4c04-a5d7-ebddd1ea1f0d 9780198796954 336 Oxford, UK UNU WIDER open access
spellingShingle policy formulation
structural transformation
africa
industrial development
public and private sectors
industrial policy
Special economic zone
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCD Economics of industrial organization
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies
The Practice of Industrial Policy: Government—Business Coordination in Africa and East Asia
title The Practice of Industrial Policy: Government—Business Coordination in Africa and East Asia
title_full The Practice of Industrial Policy: Government—Business Coordination in Africa and East Asia
title_fullStr The Practice of Industrial Policy: Government—Business Coordination in Africa and East Asia
title_full_unstemmed The Practice of Industrial Policy: Government—Business Coordination in Africa and East Asia
title_short The Practice of Industrial Policy: Government—Business Coordination in Africa and East Asia
title_sort practice of industrial policy government business coordination in africa and east asia
topic policy formulation
structural transformation
africa
industrial development
public and private sectors
industrial policy
Special economic zone
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCD Economics of industrial organization
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies
topic_facet policy formulation
structural transformation
africa
industrial development
public and private sectors
industrial policy
Special economic zone
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCD Economics of industrial organization
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCG Economic growth
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies
url 628111