A Cluster-Based Industrial Development Policy for Low-Income Countries

• Tác giả: Keijiro Otsuka
• Ngôn ngữ: eng
• Ký hiệu phân loại: 347.12 Civil procedure and courts
• Thông tin xuất bản: 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 294431
• Chủ đề: 1. ACCESS TO FINANCE; 2. ACCESS TO FINANCIAL SERVICES; 3. ACCOUNTING; 4. ADJUSTMENT POLICIES; 5. ADVISERS

Tóm tắt

The need to construct an effective strategy for industrial development in low-income countries has been largely ignored by development economists because industrial policies have failed in many developing countries. This does not imply, however, that industrial development cannot be promoted. This paper attempts to synthesize the conventional wisdom in development economics with recent advancements in various fields of economics (such as theories of endogenous growth and agglomeration economies) to provide a useful framework to design a strategy for industrial development, which consists of investments in managerial human capital followed by the provision of credit and the construction of industrial zones.