This essay is about an important area in which there has been major rethinking -- industrial policy, by which the authors mean government policies directed at affecting the economic structure of the economy. The standard argument was that markets were efficient, so there was no need for government to intervene either in the allocation of resources across sectors or in the choices of technique. And even if markets were not efficient, governments were...
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DETALHES
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2013/09/01
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Documento de trabalho sobre pesquisa de políticas
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WPS6628
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1
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1
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2013/09/01
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Disclosed
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The rejuvenation of industrial policy
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Industrial Policy
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