Industry policy in East Asia: a literature review
This literature survey examines the role of industry policy in the industrialisation of East Asian economies since the early 1980s. The first section outlines the 'neoclassical' model and the interventionist literature that has arisen to challenge it. It distinguishes three strands in this literature: the 'structuralist' and the 'strategic' trade models and the 'fair trade' argument. The following sections evaluate the empirical evidence for Northeast and Southeast Asian countries, discuss the...[Show more]
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