"Industrial Policy and Development" Book Launch

Industrial Policy and Development

• Oxford University Press

• Mario Cimoli
  Professor of Economics
  Ca' Foscari University of Venice
  
• Giovanni Dosi
  Professor of Economics
  Sant'Anna School of Advanced Studies of Pisa
  
• Joseph Stiglitz
  President
  Initiative for Policy Dialogue (IPD)
  

Drawing on historical examples, Industrial Policy and Development: The Political Economy of Capabilities Accumulation (Oxford University Press, 2009) lends support to the view that, contrary to Washington Consensus-based claims, industrial policy does work when the right technologies and industries are supported and when appropriate combinations of policy measures are implemented. The book provides an in-depth exploration of industrial policies that have been successful, the trade-offs associated with these microeconomic approaches to growth and development, and the opportunities and constraints inherent in the current organization of international economic relations. The book makes recommendations for new and better policies and institutions that will enhance knowledge accumulation and catching up in the new millennium.

Editors Mario Cimoli and Giovanni Dosi along with series editor and IPD Co-President Jose Antonio Ocampo will preside over an afternoon discussion of the major lessons and policy recommendations in the book and in their own research. Invited conference speakers include Patrick Low (Chief Economist, World Trade Organization), Jose Manuel Salazar-Xirinachs (Executive Director, Employment Sector, International Labor Organization), and Ha Joon Chang (Faculty of Economics, University of Cambridge). Speaker remarks will be followed by a participatory discussion with an audience of select high-level representatives from UN agencies, the book's authors and scholars of industrial development. This launch will provide a platform for a distinguished group of academics and policy makers to discuss both the historical analysis as well as the policy prescriptions put forth in the book.

This event is made possible through the generous support of the Dynamics of Institutions and Markets in Europe (DIME). To learn more about DIME please visit their website.