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It takes two to tango: Strong public-private collaboration is key for discovering and implementing effective productive development policies to bring out the best in existing economic activities and to foster economic transformation. The 25 Latin American cases analyzed in this volume show how and why many public and private partners are dancing smoothly while others stumble or follow different drummers. This book is a resource for designing institutions to make public-private interaction a win-win strategy.
Industrial policy has often done more harm than good. The time is right for Latin America and the Caribbean to explore a new way of thinking about productive development policy that will help accelerate growth in the region and improve the wellbeing of its citizens. This issue of IDEA provides a taste of the varied menu of productive development policies in the region as well as some of the analyt ... (View publication)
This synopsis reviews the analysis of market failures that lies behind the conceptual framework, a few highlights of its application in key areas such as innovation, and the institutional requirements for successful policy interventions. Together, this synopsis and the table of contents provide just a taste of the rich information and valuable policy implications that distinguish this year’s ... (View publication)
Industrial policy has often done more harm than good. The new conceptual framework presented in this book enables countries to adopt the productive development policies necessary to prosper while avoiding the mistakes of the past. The book rethinks productive development by examining the market failures impeding transformation and the government failures that may make the policy remedies worse tha ... (View publication)
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