Trade and Industrial Policy for Development

John T. Thoburn

Research output: Chapter in Book/Report/Conference proceedingChapter

4 Citations (Scopus)


This chapter looks at policies for industrialization in developing countries, considering changes that have taken place since the Second World War, including the rise and subsequent demise of the so-called Washington Consensus approach. It discusses import substituting industrialization, export development, trade liberalization and the impact of post-2000 new WTO rules on trade-related policy measures. It shows how the East Asian model of substantial government intervention in the economy has been followed by a number of successful countries, not just Japan, Korea and Taiwan, but also China and Vietnam.
Original languageEnglish
Title of host publicationHandbook of Research on Comparative Economic Development Perspectives on Europe and the MENA Region
EditorsM. Mustafa Erdoğdu, Bryan Christiansen
PublisherIGI Global
Number of pages11
ISBN (Electronic)9781466695498
ISBN (Print)9781466695481
Publication statusPublished - 2016

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