Industrial policy in developing countries

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Explores the scope for and performance of industrial policies in seven low and lower-middle-income countries. Confirms that many industrial policies have failed, but also shows that in some cases, industrial policies have indeed accelerated structural transformation -even in political regimes with fairly strong authoritarian and clientelist traits, such as Tunisia, Vietnam, and Ethiopia. Examines to what extent lessons from rich countries can serve as guidelines for industrial policy in low and lower-middle-income countries