Portal de Periódicos da CAPES

The state and industrial strategy

1990; Elsevier BV; Volume: 18; Issue: 6 Linguagem: Inglês

10.1016/0305-750x(90)90009-m

1873-5991

Helen Shapiro, Lance Taylor,

Global trade and economics

The debate about the role of the state in promoting industrial growth in developing economies is reviewed. We begin with the ideas of the early development economists of the 1950s and 1960s, then take up two waves of neoclassical criticism (respectively emphasizing the primacy of the market and the lack of autonomy and competence of the developmentalist state), and sketch the elements of a countercritique. The fact that all successfully developing economies apply industrial strategies incorporating institutional change is emphasized, and boundary conditions and lessons from experience which delimit sensible strategic choices are pointed out.