Trade and Industrial Policy for Development

John T. Thoburn

doi:10.4018/978-1-4666-9548-1.ch002

Trade and Industrial Policy for Development

John T. Thoburn

School of Global Development

Research output: Chapter in Book/Report/Conference proceeding › Chapter

4 Citations (Scopus)

Abstract

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 language	English
Title of host publication	Handbook of Research on Comparative Economic Development Perspectives on Europe and the MENA Region
Editors	M. Mustafa Erdoğdu, Bryan Christiansen
Publisher	IGI Global
Chapter	2
Pages	25-35
Number of pages	11
ISBN (Electronic)	9781466695498
ISBN (Print)	9781466695481
DOIs	https://doi.org/10.4018/978-1-4666-9548-1.ch002
Publication status	Published - 2016

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10.4018/978-1-4666-9548-1.ch002

Cite this

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