The developmental trap -- Industrial policy in the age of globalization -- Ingredients of proactive industrialization -- Policy procedure and organization -- Meiji Japan: from feudalism to industrialization -- Singapore: national productivity movement -- Taiwan: policy drive for innovation -- Malaysia: trapped in upper middle income -- Vietnam: growth without quality -- Ethiopia: the growth and transformation plan
Summary
This book proposes a new, pragmatic way of approaching economic development which features policy learning based on a comparison of international best policy practices. While the important role of government in promoting private sector development is being recognized, policy discussion often remains general without details as to what exactly to do and how to avoid common pitfalls. This book fills the gap by showing concrete policy contents, procedures, and organizations adopted in high-performing East Asian economies. Natural resources and foreign aid and investment can take a
